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golf4uto

10/25/09 11:41 AM

#3587 RE: beerclark #3586

great response... you are absolutely correct that prices of the pinks will rarely stabalize at prices above where most enter in. momo and traders run them up and they most likely will sink again when volume slows. Hopefully we are not there yet with IVIT, this week will be telling.

POWN: interesting... my only quetion to you is if Stan Lee (who is pretty old) gets ill, what position would the company be in??

tia, golf
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J Weedseed

10/25/09 6:11 PM

#3589 RE: beerclark #3586

Thanks for the time and effort of your reply.
Yes, I am sure we all have a list of experiences that form
our learning curve in pennyland. I only began in May this year
and my experiences have cost me dearly. If you bother to read it, it follows below:
One of my first pennies was WRGL, which I now beleive to be not more than a
pump and dump involving technology to remove oil from tar sands and shale. It's a stock that you can't buy when it rises quickly until it get near the top and you can't sell many shares until it gets near the bottom when it falls quickly.
I got into HGSI, which is a legitimate biotech company and when it declined slightly, I sold it before or just after the company said it will soon do something to reward shareholders. It grew 500% just after selling all but 2 shares of a considerable position I held and is still likely to increase.
I averaged in to SPNG with everything I had at .14 av pps., then had to sell my 1.3mm sh for .097. Many are still holding.
I also made a huge mistake in holding GVBP, trying to recover my losses in SPNG, and losing even more. GVBP trades on the grey sheets now after a suspension, a clear P&D.
Next, I bought WNBD, after holding this for 2 months, I believe this is an opportunity to do very well in the long term. The product is truly superior to many other cleaning products on the market and is kind to the skin. It's in Walmart, Home Depot, and Zeller's in Canada (Canadian version of Target)
and sells very well. It has been successfully introduced in Australia and New Zealand and has major new alliances in the US
and it could be in US Lowe's at any time, but a gradual introduction in the US prior to the big box is wise to guarantee the successful introduction. The point is, this stock climbs to a higher base than previous bases after a periodic spike. I'm trying to make my share count grow by investing most of my shares temporarily in some other companies such as IVIT while WNBD is in a holding pattern waiting for the next spike, which I believe will come in December when some financials may finally be announced.The CEO has a great plan, is available to talk with all shareholders, so it is different than most other pennies.
That's my own story.
Hopefully, IVIT will grow above its recent high.
Good luck to us all.