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Microcap & Penny Stocks : MSU CORP-----MUCP

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To: SharewatcherFromIreland who wrote (5755)9/8/2000 2:23:45 PM
From: Hawkmoon  Read Replies (1) of 6180
 
Didn't want to say anything earlier (so you all wouldn't jack up the price on me..:0), but I've been doing a little nibbling at these prices.

Technical chart looks to be bottoming out:

bigcharts.com

And the Weekly chart is looking WAY oversold:

bigcharts.com

Dunno if I'm still a bit early, but the risk/reward looks more appealing here than with some other issues I'm currently following.

Hope you're right about the LSE listing.. It's been a rumour since last fall when Evans came on board...

A listing on the LSE would provide the necessary support to bring a bit of credibility to the company, as well as visibility. And it would still have to be listed on the Nasdaq, which is not uncommon for dual listed shares.

Fingers crossed and looking for a reversal of this oversold condition.. Either way, I'm pretty confident my new positions will likely be up 100% within the next 30-60 days
and I can't find those kinds of Risk/Rewards anywhere else in the market at this time...

or at least ones that I feel this comfortable about.

Regards,

Ron
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