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Re: elsieCat post# 486

Saturday, 08/27/2005 2:33:24 PM

Saturday, August 27, 2005 2:33:24 PM

Post# of 3622
elsieCat..The theoretical support level of .045 should hold IMO especially due to the fact that with massive Thurs volume we had VERY minimal profit taking as you pointed out.Also there is a rumor that I have not checked out that Jonathan Lebed has put a BUY on SYTE...if true all should enjoy the ride but please use caution if that aspect develops...This IMO is too good a stock to see anyone buying too high on exaggerated runs and then possibly getting shook taking a loss....leaves a bad taste in their mouth for a growing company and stock and thats not good for the long haul increase on PPS.I'm longwinded (LOL) but another thing I would like to say to all...I hope all here are in a longterm posture on SYTE but It is not shameful to take profits as they develop and according to what you want.As SYTE volume continues to grow there will be plenty of swing trade opportunities IMO and also helps (If volume is strong) to always have people to support on dips rather than being tapped out on liquidity.Wisdom is ...1)dont hurt the share price by selling into low volume 2)always try to keep a core position that is NOT for sale 3)If you sell then sell only at the ask...leave the bid alone or you may cut your own throat(and mine too I might add)!! Full of words aint I?(LOL)....Simple


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