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bamajoe

02/23/09 10:46 AM

#13591 RE: Mattfount #13588

I bought my first shares a few years ago at $2.00. I have been able to get my average down to $.10. So, I'm here for the long haul!!
GLTA!

Booger Red

02/23/09 10:50 AM

#13592 RE: Mattfount #13588

Well, I've been watching and reading for a while and seein' as how your sharing info, my average is .175. So, as you can see, I've been in the RED for a while, not real happy, but I'm not sellin' either. I'm waiting, as you'all are for the run to, well, let's just say a good run North. Mountain Man said possibly a buck fifty, I'm likin' that.

Booger

elysse1kittycat

02/23/09 10:57 AM

#13594 RE: Mattfount #13588

NOBODY can predict the daily ups and downs and overall movement of this stock with any kind of consistency.
Just go back and read over the various posts of the past few weeks;we heard of all kinds of formations at much higher levels than now which were supposed to propel the stock to take it back to $.29 and then much higher.
Some of the near term projections of $1.00,$3.00, $4.00, etc.(a lot more of these in Yahoo forum)in my opinion emanate from hope rather than reality.
The overall market is horrendous, and I seriously doubt you will see any siginficant upward price movement in this stock or any stem cell stock until/ir general market turns around.
In my opinion,the EO overturning the federal ban on stem cells was factored into the stock price a long time ago.
In short, I think that at this juncture, BOTH a general improvement in general market conditions and significant new news relevant to this company will get stock back to high teens and into twenties once again.

GEO928

02/23/09 11:28 AM

#13597 RE: Mattfount #13588

Matt...Thanks....but, actually, I got lucky this time....

I do not subscribe to most of the conventional trading wisdom when playing the BB's or Pinkies....

I'm not that big on charts in these markets because the financial fundamentals are usually lacking...I reserve my faith in charts for the NYSE, NASDAQ, or AMEX....

I view the stem cell sector as being in a unique position right now.....we're all waiting for the holy grail.....obama's EO.....then, these stocks will move on that hype alone....

IMO....these stocks will move in "levels", unlike other stocks, (because there is a testing/approval period)....after the EO's upward push, they will "settle down"....then, we have to wait for the next "jump"....whenever that is....

my strategy is to take more profit after the EO.....keep a small position.....then buy back in when the anticipation of the next big move is imminent....my strategy is based on taking the profit rather than keep the money tied up....

maybe others would prefer to keep the money tied up and go for the brass ring....that's an individual choice....

remember....these stocks will not behave like others because we are talking about revolutionary things like artificial blood, tissue regeneration, possible cancer treatments, etc...this research even spills over into skin care cosmetics...so, put away your charts...and just follow the news...

GLTY