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Re: pistolpete post# 9431

Wednesday, 07/13/2011 6:50:41 PM

Wednesday, July 13, 2011 6:50:41 PM

Post# of 184474
I think it will bounce because the chart is looking the same as it did when it ran up to .118

Assuming its a good PR, is a question whether it will stay at whatever point it reaches. If PR is good I would guess that it will draw in new investors. That's when you really see this take off. Word will get out for a few days and bring in more. Some of those new investors come in here for quick profits but if the PR is good enough for them they may also stay which is great for all.

Since people look at charts they're gonna see the last bounce @.118 and think it might go higher this time so I would expect them to pay up to .08 with ease. It might go up higher or not at all. Depends on the PR.

I don't even want to guess a bad PR at this point. Some of us here have been getting furious at each cause we haven't gotten any news so were all hoping it was worth the wait.

Remember assumptions, hope, fear, emotions are not investment strategies so this is only my guess.

If you think it will occur though you can buy more shares at these prices to average down depending how much you buy, so instead of .09 it's like you bought at .04

It's risky but with great risk comes a great reward. Hope that helps a bit.
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