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Replies to post #5828 on lowtrade

Replies to #5828 on lowtrade
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lowtrade

03/23/07 7:59 PM

#5829 RE: mastershake #5828

mastershake
PLRS

http://stockcharts.com/h-sc/ui?s=PLRS&p=D&yr=0&mn=3&dy=0&id=p90633317065

Looks like CF a stock I'm playing in the $1 mill contest! With that one the fundamentals back the no cash what happens if it stops play.

But in pennyland with my cash, I'd worry the top has been reached! I can't find one thing wrong with the chart, except it has hit resistance the last 3 days. But on the other hand volume support hasn't left! So retail still is supporting a continuation!

Eval result; Still looks good, but not my cup of tea, risk level wise. Your not going to get a large short term gain there though. Just doesn't make sence investing for a hold climd at the top paly. IMO

If you want to hold a stock longer term for steady PPs growth, I'd by 10 shares of CF, before I'd buy 10k of a penny that looks the same. 5% a month is 5% a month! Make sense too you?

Invest in exchange stocks, not pennyland!