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Alias Born | 02/13/2005 |
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Sunday, March 13, 2005 9:41:35 PM
But, if you were me and you bought INNO at $2.80 based on a good earnings report and suddenly the stock started dropping what would you have done? I can understand having good loss dicipline and selling at say $2.40. But I knew AEOS was doing well so I decided to stick it out. At $2.00, I saw a 1,000,000 transaction one day. I checked the S.E.c. Filings and found that an institutional investor bought more than 5% of the outstanding shares. Bingo, I knew if "smart money" was on board, I should be too and I bought more. With a little knowlege and pactience I was fortunate enough to hold for a nice gain.
VLXC needs to prove itself with a good audit, then lets see what happens.
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