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shamokinite

11/19/10 2:58 PM

#42407 RE: b4atf #42400

agree with you b4atf that sgcp is undervalued. However, I believe any stock can be considered over bought if there is a sharp increase in price, even if the high of the price is still undervalued. To me it's all dependent on how fast the run up in price. That's why I like to see a slow smooth rise in price. To me, that gives you more confidence in the rise in price. I'd like to see SGCP trade in the 20-25 level until January. News comes out, then see it trade in the 30-40 level for a few months, etc, etc, etc. until it reaches well into the penny's with a very stable rise in pps. This plan of mine will take month's, maybe even years for it to reach a pps that I think is fair value, however, with a slow rise in pps, at least I would have the confidence that the bottom not going to drop out the next day.
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bikeguy

11/19/10 3:25 PM

#42415 RE: b4atf #42400

I remember getting accused of pumping when I was puting out rice facts.... but hey its all there just look into it.