Replies to post #1401 on Pinnacle Business Management (Prev SRCI)

[BullNBear52]

What did you do give up on DYN? And I thought I read where LU was doing an R/S?????

[BullNBear52]

They are doing one!
Wednesday, February 19, 2003
PLACE Lone Star Ballroom A, Adam's Mark Hotel
400 N. Olive Street, Dallas, Texas 75201
ITEMS OF BUSINESS (1) To elect members of the Board of Directors, whose terms are described in the proxy statement.
(2) To approve the Lucent Technologies Inc. 2003 Long-Term Incentive Program.
(3) To amend the Restated Certificate of Incorporation of Lucent to effect a reverse stock split at one of four ratios.

[fung_derf]

No. Now the question is, can it hold that level. The way I would play it is I would buy it next week above $1.77, if it holds above $1.59 this week. In this way, it has shown that it has held the 50 DMA, and now could be starting on a new run.
FWIW, the .XTC is also testing support at 425 and I would watch it for my lead.
I realize that mine is not the typical penny stock strategy of guessing the weekly bottom to dump it on Wednesday, but my percentages are better.
BTW, my sell target would be $3 or so.