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Re: None

Wednesday, 02/20/2013 4:54:48 PM

Wednesday, February 20, 2013 4:54:48 PM

Post# of 3602
With No Real $$$ Results, a sub penny drop can easily happen in one day! I agree and think it may be wiser to wait until the real $ results come in before buying more. I was initially excited by the news, then realized there has been a history of news releases, which never came through on the balance sheet. If the stock can fluctuate as much as 2 cents in one day (50%), then its probably a more reliable return on investment to wait until the results come in, and its on its way up. If it starts to climb past 30 cents, with proper financials backing it, then it can break into the dollar zone, and it would be a more reliable time to buy during that period. Right now, its really high risk in my opinion as the news has not materialized into dollars, and historically it hasn't either. It can drop to zero instantly again as in the short term it is unlikely the previous team were able to deliver results, and now the new team may be able to do better, a few quarters out. They say management is the number one most important thing in picking a stock, and its the same CEO as years before... So in conclusion, in the short term, I'm statistically doubtful.
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