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Re: New Investment1000 post# 29

Tuesday, 08/23/2005 10:04:12 PM

Tuesday, August 23, 2005 10:04:12 PM

Post# of 37
NI, welcome to this board, and don't be a stranger. As for your claim: "There are a big run in view," a small correction. This stock it's known to go between 0.01 to around 0.04. Right now, I believe, we are at the beginning of another run to 0.04, or so. Do not expect a run bigger than that. If you are lucky enough to have your buy average below say 0.015 (mine is at 0.0155), just set yourself a sell price between 0.03 and 0.04, sell it, and then wait for the price to go down again. It might take several month for the cycle to complete, so you have to be patient.

I usually don't do this, as I'm usually with a stock for at least one year. But, until this company turns the corner again, that's how's the PPS is going to oscilate, I'm afraid. I've already been playing the peak and valleys variations of this stock several times with an average gain of slightly over 100% each time (except some 2 years ago, I believe, when I made close to 300% - sold as I recall at 0.06).

PS: Another thing about this stock: small orders may result in large daily variations. For instance, my 85K Buy at 0.013 (my last addition for now) did trigger the down movement on Friday morning, but later it recovered (it ended the day at 0.015), and I see now there's only one seller left at 0.0145, and one at 0.015. The others are at 0.02 or higher, and the trend is up. Once the two folks sell their shares, above 0.02 usually things happen faster.

http://www.wallst.net/quote.asp

Mike

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