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Monday, July 22, 2013 6:22:02 PM
I like what Im seeing with Scrips. Sure, they have some hills and valleys with the stock, but what OTC doesn't? Key is they have some really great news in the pipeline. Between the new pharmacy distribution deal to the China venture, there are some exciting things coming up. You buy and sell stock based on the future.
So, I might dip my toes into this little pond and see what happens. Again, if you can't stomach a little volatility then OTC is not for you. But, if you can hold on while the bad seeds either get spanked or crawl off somewhere else, there is some money to be made here. I believe this $.35-$.40 range is the "bottom" and can steadily climb back up.
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