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RonnieD

05/15/06 12:24 AM

#4259 RE: cynic2005 #4258

this is my background since you asked.
I'm 37 years old, my education is in History.
I'm self-taught on the stock market, and began trading in 1996. That's 10 years. I started with only 2000 $ of my hard earned money, and flipped that into 90,000 by 1999. Since then, I have consistently made 75% annual returns for accounts I manage actively for other people. I have total control and I could buy over 500,000 shares of NDOL tomorrow if I wanted to. I'm planning on getting my license soon but make a living just on trading, which some of you do also. I sed to have a mailing list, with over 500 clients but stopped that when I had made enough to not need it.
cynic, the less shares, the higher the share price. I outlined a scenario in which it's possible for them to swap shares instead of issuing new ones. There is a lagging thought in my head that this stock could stagnate in the 1.00-1.25 range if they issue 350 new shares. I'm not one to sugar coat. Only the market determines the price of a stock. You can be a 5 billion dollar company trading at 500 million. You can be a 500 million dollar company trading at 10 billion.