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Re: pennystock_es post# 500

Saturday, 02/26/2011 12:08:25 PM

Saturday, February 26, 2011 12:08:25 PM

Post# of 4032
No Chesco, not accumulating, nor buying. Waiting for the company to show significant consistent improvement of revenues before buying shares. Past has shown us way too many times that old business is being replaced by new business without showing improvement in sales.

For example, the hp deal didnt result in higher sales as other sales lacked. This has been Andrea's story over the last 5 to 6 years.

Last 6 years charts showed nothing but false breaks and price is still the same as in 2005. So, definitely keeping an eye on this company, but not buying. Prefer to miss a few cents up than being stuck in this stock for years.