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Friday, 01/20/2006 4:36:11 PM

Friday, January 20, 2006 4:36:11 PM

Post# of 92056
3. A penny shaved (exerpt):

"Progressive was never a penny stock trading below $1 per share. Future 10- and 100-baggers are most often trading between $5 and $50 per share (at least the ones we care about). They're rarely below $5, and they certainly aren't below $1.

Penny stocks represent ultra-tiny companies whose shares can easily be manipulated by unscrupulous people misrepresenting the businesses' true potential. In short, stay away from stocks that aren't traded on one of the major U.S. markets (the New York Stock Exchange, Nasdaq, or American Stock Exchange), or that have no revenues, or that are obviously being hyped via email or discussion boards. You'll save yourself a ton of grief."

The rest of the article.....

http://www.fool.com/news/commentary/2006/commentary06012008.htm?source=eptyholnk303100&logvisit=...

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.