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twitchey01

09/13/08 11:20 AM

#4014 RE: jwwakley4 #4013

IMO we will. I expect the gap to close and a new support line to slowly appear as investors and traders alike see the potential with HKBV. Currently I believe that the first run was in part the company buying shares up for the Merger, and from there the flippers came in. Personally I think we will build a new support line between .0018 - .0022 area awaiting further news of merger and various acquisitions, and from there a more even rise to much much higher levels. All of course IMO, and as long as the company does not dilute, which seems to be the case here. Also I think we are currently being shorted in order to scare the weak from their shares, before the said climb. Trade on what you see in the charts, because the charts are an extremely useful tool, to determine not only the direction of a stock, but helps you to understand the mindset of traders, as well as companies.
I sold part of my holdings during the last run just in order to free up cash to help support the stock later, once I see a more clear bottom is in place ready for what I believe will be a steady climb. Do your own DD and trade with knowledge, and you will be able to make it in the markets, and above all, do not get greedy, because with pink sheet stocks, nothing is totally transparent, so you must protect your cash, by selling off portions, just in case you read things the wrong way, the company dilutes, the MM's walk the stock down, shorting starts, or big holders start to dump. Once you run out of cash, you become stuck, and will lose it all if your not careful. Been there, done that way too many times, and learning from my mistakes. GLTY