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Replies to #3142 on NEWBIES BOARD
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Garyst

09/16/12 9:35 PM

#3143 RE: stockrule #3142

Hi stockrule. Hope you had a good weekend. As far as NGHT, I know the Boards are abuzz with posts and many are saying it will be the "Runner" this week. The pluses are that it has a low OS and a very low "Float". It also has a lot of momentum. BUT, I would steer you away from it IMO. I know you may hate me for this if you had been looking at it but here is why. It is trading in the double digit cents and has had a run of close to 100%. Many people like you and I that trade Pennies like to buy into those that are low priced where we can get more shares for the Dollar (psychological thing I guess). What I'm getting at is that with the current pps in the .30's many are deterred away from buying it and I do not see any serioulsy huge move in the making. Just my thoughts. I may be wrong but that is what I see as of tonight. I wouldn't risk your $ there.