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Re: trimsprims post# 58

Sunday, 07/03/2005 12:15:09 AM

Sunday, July 03, 2005 12:15:09 AM

Post# of 47295
trimsprims

Took a TA look and then a quick fundamental/news look. Your in a real fix. Don't know what will start this thing back up, except all the other share holders in the same boat as you. Jumping out with you, on a momentum run.

It's only a momentum play that will get the PPs to $3.50 and IMO if it gets to there, it will probably go on to the $4.00 resistance point. Possibly to the next at $4.80 & $5.00 eventually.

Due to the small volume this could become very volatile on news and news is what you need to reach $3.50. SO depending on how bad you need the cash, I'd say only plan to dump 1/3 at $3.50 then 1/3 at $4.00 and 1/3 at $4.80 and get the tax write off. Because IMO if it hits $3.50 it will hit $4 & $4.80. This play may take some time, but result in good returns on the money you already have invested. (IF it happens??) ($900) 300 shares X $3.00

On the other hand, the technical move just starting now, may reach $3.25/35 within a week or so. If you sell at $3.33 you'll take a 2/3rds hit, which you can write off, your out and can try to double your $1000 on some penny stockplays, the next 6 months. (IF you can??)

I'm not you, and won't suggest what to do, but at least you have 2 ideas now. And can tell others to set sell loss targets and stick to them. Sorry, had to say that. LOL We've all been there!!!

You have to look at where you feel you can make the best return on you money, in a given time frame. From what it's worth the day you start your new plan. The loss is lost! TODAY your plan has $900 to play!

Will you increase your $900 more in INOD, over the next 6 months, holding, then playing other stocks?


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