Replies to post #189 on Market Watch (WATCH)

[Caradoc]

Joemoney: Will probably buy ORCH and maybe DNAP if there's an interim low in August or September.

Would play cheapie TXMC (less than 2 cents) and super cheapie QBID (miniscule fraction of a cent) if looking for something quick and >50% probability of decent return within days (TXMC) or weeks (QBID).

You're right about Nortel. Most important for nearterm, it bounced nicely off low caused by unpleasant revelations. Fair probability of taking profit Wednesday at 7.25 or so, but 6-month chart shows double resistance at/near 8.50 bracketing the interim high of 9.

Evenso, a 10 or 12% return doesn't do much for me because I've been spoiled by the volatility of OTC:BB stocks (yes, 99.99% of which are absolute garbage.) I recently missed PWTC's low of .27 by 2 cents, but my .29 shares are looking prett y good. In theory, a penny stock that looks like better than a 10% chance of being a ten bagger is a good bet. For what it's worth, my assessment of PWTC's patents and low overhead business model says lot bigger than 10% probability of being a lot better than a 10 bagger. Or a 20-bagger for that matter.

Good fortune to you!

Caradoc