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Re: b4atf post# 42400

Friday, 11/19/2010 2:58:48 PM

Friday, November 19, 2010 2:58:48 PM

Post# of 83075
agree with you b4atf that sgcp is undervalued. However, I believe any stock can be considered over bought if there is a sharp increase in price, even if the high of the price is still undervalued. To me it's all dependent on how fast the run up in price. That's why I like to see a slow smooth rise in price. To me, that gives you more confidence in the rise in price. I'd like to see SGCP trade in the 20-25 level until January. News comes out, then see it trade in the 30-40 level for a few months, etc, etc, etc. until it reaches well into the penny's with a very stable rise in pps. This plan of mine will take month's, maybe even years for it to reach a pps that I think is fair value, however, with a slow rise in pps, at least I would have the confidence that the bottom not going to drop out the next day.