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Re: LODE MAKING ME RICH post# 21106

Tuesday, 01/18/2011 10:54:31 AM

Tuesday, January 18, 2011 10:54:31 AM

Post# of 31651
Actually, with a float this small any experienced trader knows that consistent big news eventually culminates in a huge run. As with any penny stock, you have to be mindful of dillution; but, with the DTC chill there is very little chance of that happening. Additionally, NXHD has both moved their reporting status up AND un-gagged the TA in an effort to be more transparent. All of these things lower the risk for smart traders. I can tell you that I personally believe in this stock so much that is is my sole position that I'm holding at this time. I'm not one that goes "all in" very often(and I'm not actually all in, but holding a pretty large chunk), but when I do my DD and talk to enough people and every single thing points to huge upward movement, I have no problem with it and I've always done very well in those situations. The key is being patient through the low volume, which is just normal on low-float plays. When everyone buys at the ask, holds patiently, and sells at the ask, these things tend to really go absolutely bananas. This company is actually producing nice revenue that is growing at an outstanding month over month/year over year rate, and has a ton of big "irons in the fire". Couple that with all the other great points regarding the share structure and company transparency, and you've got a formula for huge gains. Yes, the stock is only at .01 right now as okoil likes to constantly remind us. But, it was at .002 not long ago and is constantly trending higher. .01 is proving to be the support level at this time, but when the resistance at .014 and .02 is broken, the new support will be over .02. I'm looking for a price point of over .05 if the float stays under 50 mil.