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Microcap & Penny Stocks : Chester Holdings, Ltd. - CHES
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To: Popiye who wrote (877)7/7/1999 9:50:00 PM
From: Wizard  Read Replies (1) of 1174
 
Everyone should be careful with this one. Don't get too caught up in the interim momentum. Look back (you don't have to back very far) and you will see that CHES has been turbulent over time. A lot of people have lost a lot of money on this one. I have been in and out several times myself. This one has been hyped all along, and several pump-n-dump schemes have seen some false momentums. This MAY be real in the long-run, and then again, it could be dangerous. Be careful. You will likely see some pretty serious profit taking tomorrow, with a serious take-back. As most of you know, news alone will NOT be everything CHES needs to substain some serious growth. Many good stocks do not move as expected with good news (or what appears to be good news). CHES will probably have to generate some very serious substance before any serious investors will get involved (finally get to reporting, full disclosure, real deals with actual incomes, etc...) Then a quarter or two of seriously good financials. THEN you will have something. This is one to watch, but right now, many will take their profits and run, so be careful and don't get caught in the rushs that will likely occur. At the first sign of downturn, the exodus getting out will be large.
My $0.02 worth.
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