Replies to post #42395 on Cannon Exploration Inc. (fka CNEX)

[j0nb]

I'm long but don't want to be long for too long. With pennies you really need to be careful and take profits when you can. Once I can make a move I'll either try to reposition myself here or move on. Don't know yet till I see what this stock does. The problem with companies like this is that if they can't sustain the price, they will just R/S or bankcrupt the stock and reissue a new stock with a new ticker. So we all have to be careful. It would be great if we could lock up the shares and then the market would take care of itself.