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Re: annemarie post# 782

Thursday, 04/21/2011 3:56:56 PM

Thursday, April 21, 2011 3:56:56 PM

Post# of 802
Not sure if they are not legit or turning legit? But unfortunately I bought a small amount of shares many years ago after only a little research. Was sorry I did. Then someone suggested to research the CEO. If my memory is correct was something like Samual Higgins. And what I discovered was not good. REad many bad article about the stock and him. So after holding it several years they have not done much. There was a guy posting and warning people about this company on Raging Bull.

Like you I still have a few shares and am waiting for the next pop up, if that happens. And can always take the tax write off, which I might do next year, not this one?

So these days I do a lot more research, and prefer to buy strong blue chip stocks (not pennys) when we are in a bear market, then ride it up when we go to a bull market. I learned how to read charts which is important. I do not trust press releases. But I give a lot more trust to audited financials, and reports to the SEC.

Good luck.

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