InvestorsHub Logo

BonelessCat

03/08/06 1:09 PM

#429 RE: starfire #427

As for my self and IMHO, I see a quick progression from current price to a "psychological resistance" in two steps. First resistance should be 4.50 - 5.00. and then 8.00 - 10.00. After each run, there should be a 50% to 65% retracement of the run before the next leg up.

I've increased my shares by 25% with that strategy and taken some profits at the same time. It's important to watch the ROC closely during the run to get a sense of timing.

I would have liked to have had the information on the company and its leadership back when I first heard of NNVC, which was under .10. I didn't get in until over .20, and then it wasn't nearly enough since I didn't complete my DD until it was already at .80 range. Oh, well. At least I hold enough that if this hits I will buy that nice Kaua`i cliff property I've always wanted.