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Old 02-21-2006, 12:52 PM  
V_RocKs
Damn Right I Kiss Ass!
 
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Join Date: Dec 2003
Location: Cowtown, USA
Posts: 32,428
To bad I wasn't up.. I'd have said to buy $10,000 if you could have...

When you buy pink sheets stocks you really need to read headlines and press releases and then try to find someone who is an analyst and is talking good about them.

This particular company just went through a restructuring management wise. The stock lost value when the restructuring was announced. The current rally is because one of the new managers is a trusted ex-partner of their new licensing deal in Europe. So investors are quite sure he is going to be able to get the deal and get them back into the black quickly.

With all of that info so readily available, it is a wonder why you didn't day trade it and tell GFY about it instead of ask about it. But I did say day trade. I would possibly leave my profit in there at 2pm... ie, buy $10000 in shares, make $3000, and then leave $3000 in shares in the company. Why? Because it is free money. You can do this again tomorrow and have a portfolio of stocks that cost you nothing.

I think this stock will eventually start a fast progression upwards but not until next year. Right now it will be rather slow. The future growth will depend heavely on their retail outlets doing year to year gains in sales.
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