iwant2: if you do not know SVU trades on the NYSE and what I said was that SVU is struggling to get over the $3.35 mark and will more then likely be under $4.00 by year end.
I also said that SVU might get over the $3.35 level this week but is having a hard time holding above the $3.28 level.
I follow this stock and trade it weekly so I do keep up with it. I also said last week that you felt I was wrong in saying is that it trades like a penny stock does. I should know I trade them also. SVU moves up fast and then falls as penny stocks do. that is all. it seems that for some reason you take offense that SVU being called a penny stock since it trades on the NYSE. that is neither here not there. what matters is that you make money on your trades.
you should spend more time trading and less time worrying what is said on the boards and posts. if you focus to much on these posts you will miss making a trade on SVU because it moves fast. your best approach since you read these posts is to put in limit orders as I do so you will not miss your price. I was in and out of SVU twice this week or maybe 3 times and each time I made good money. lets see what happens on Monday to see if it can get over the $3.35 mark.
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