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persistance

03/07/04 9:20 PM

#221 RE: nlightn #219

I geuss if we knew the company was'nt a fraud the stock price would'nt be so low.I must be pretty gullable with 24,000,000 shares.I can live with myself loosing $2800 if its a fraud,but if the company is for real and I did'nt invest,I would'nt be very happy watching it go up and not participating in the rally.Bottom line is the higher the risk the greater the reward.I've lost money before with penny stocks,but apparrently not enough.I'm in too deep to crawl out of this one.Its all or nothing.When the news stops coming in I'll be worried,but with the OBV line aproaching rock bottom I would look for a bounce here shortly.If the stock rallies and people are short selling , they could loose a lot more money then those of us that are in long positions.
What if they came out with news they found diamonds the size of a baseballs yesterday.

diamondskr

03/07/04 10:12 PM

#222 RE: nlightn #219

excellent post

LuckMuncher

03/08/04 5:29 PM

#244 RE: nlightn #219

wow!!! i think i agree, but my brain is tired from this long day of trading :)

buy-buy!

seaflies

03/08/04 9:27 PM

#257 RE: nlightn #219

great post.........Thanks for your time ...learned a few things with it !!