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weebie

02/10/10 6:48 PM

#590 RE: lebreak #587

Greg, honestly, at this juncture, I'm not very interested in this stock, as I tend to follow the volume in and out of these very speculative subpenny stocks. When the volume dries up, one gets in trouble. When things are good, nice gains can be had, but losses can be large, too, and as always, one must protect their capital. If a stock has some nice news and pops, it may move well for 2 or 3 days. If, after that time the pps drops and I still like the future possibilities of a company, then I will set an alert and place it on watch. I play the play.

As a rule, I don't spend a lot of time crunching/digging/poring thru numbers/scenarios for the next big thing. I wait for a company to post a CREDIBLE press release and that is normally preceded by volume. I will play volume, but I won't hold it until it is confirmed in writing. Not hearsay, etc. I will put an alert on NNBP for future movement and focus on newsworthy items, following the money. Right now, the money is out and still no news since early last year. Check the accum/dist and CMF on the NNBP chart and you will see they have taken a big dive in the last couple of days.

Good luck to you, stockwoman, and others here.