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Re: Elcappy1 post# 4663

Thursday, 03/14/2013 6:35:11 PM

Thursday, March 14, 2013 6:35:11 PM

Post# of 39244
our current price level is kinda of a grey area.
I agree with money's comments.

Its not because of the stock however. Its because of the investors who know about it, or have known about it for a bit.
I bought shares @ .0015, again @ .0002, again on the recovery @ .001 & .0012...
so... to make my point... if you base your decisions on the past, the stock is expensive right now.

If you base your decisions on the company, some current information and financials the stock will begin to look very cheap...
It all depends on your vantage point.

Somebody gave me a book on penny stock strategy, and the first chapter is about the "Rules".
The first rule was "Don't try to marry a penny stock - they are penny stocks for reason"...
and what they meant was penny stocks arent typically good long term investments. Take your profits when you get the chance & buy back in when the price drops. (book was stupid, only read the first chapter)

In my opinion, that is what happened to the shareholders we see around here.
They sold off what they had when we started a climb and they havent seen an entry point since.

Other traders are weary of loading because this was @ .0001 some months ago.

(Lack of ) Information is the problem here. The readers of the board know this info well... But if the management of the company doesnt deem it necessary to PR their accomplishments then we will have to wait until people take notice of their own accord.