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Re: Drumstick post# 153

Tuesday, 05/24/2011 3:07:56 PM

Tuesday, May 24, 2011 3:07:56 PM

Post# of 22195
No predictions. Just watching the news, share count, and share price. Looking for a solid support level...then news to increase...and increasingly better news. All of these stocks have the potential to be priced at a given price, but all I really care about is quality and frequency of news, the trend, and how the CEO stewards the company. Keeping it simple. When I feel the price is discounted I buy...when I feel it's at too high of a premium I sell. Right now, I feel the company should be valued at $.20ish. However, some news and we could see that price target move up to $.30ish or $.40ish. Lack of quality news and direction and we can lower it $.10ish.

It's just a game. Isn't it?

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