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Wednesday, April 27, 2005 1:02:59 PM
I'm very happy with today's price action. We had a shakeout yesterday and early today, and we've come out okay, still above .5. TS took profits, but continues to hold the majority of his shares. As long as he continues to suggest holding for a ten bagger, we should keep our .5 floor and be ready to move on news.
Although i love the optimism of many on this board, i really think 10 bucks, even 7 bucks, is a crazy dream. But if TS's billion dollar prediction is anywhere near right, we could see 2 or 3 dollars. (and for those who think we're going to get to 100 bucks pps, meaning a market cap of 44 billion, i want some of what you're smoking!) I wonder if i'll have the balls to hold to 2 dollars (1 dollar would be a real hard spot to hold, since we'll have major profit taking going on near there). But one major thing to keep in mind. When we had the rise way back nearly 2 years ago, to .43 on the amazon news, we had a sudden fall back right afterward. Here, we've had our rise, and no fall back, just some healthy profit taking. We are strong here above .5, and that's an amazing thing. When we get real news, we could really double or triple from here.
Best
Joe
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