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Re: Celtics2011 post# 4283

Wednesday, 02/13/2013 11:28:20 PM

Wednesday, February 13, 2013 11:28:20 PM

Post# of 20999
The ship may have sailed on this one. A promo that everybody knew about on the streets before it went public is not a good thing to begin with. When that is followed by a significant sell-off and price decline, it's even worse. Once a promo loses momentum and reverses direction, it takes a while and miracle(considering the rarity) for the pps to bounce back up.

I don't think there is a promoter that will allow pps to drop sharply hoping to buy more at a cheaper price and go for another run. Usually the second time around, it is difficult to attract buyers. It puts a huge question mark on the credibility of the people involved or spread rumors around.

Putting money in this stock is extremely risky as if shooting in the dark. You would't know what is ahead of you. That makes it exceedingly risky. No fundamental change clues to bet on.

Most importantly, when you consider your opportunity cost, this stock is completely unattractive. For instance, other mining stocks that you had been following for the past several months seem to be holding up and preparing for a rally very shortly. Is it better?, IDK. Would it happen? IDK But I think it has less risk, better reward, and you know what type of company you are dealing with. BTW this other mining stock is just an example because you can relate to it. As an example, for that matter, I could have picked any other stock with better potential than HYII.

Celtic, I know that you know what you are doing. You are a good person, and I hope that you are right. Best of luck for all!

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