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Strategies & Market Trends : Technical Analysis - Beginners

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To: Ronald P. Margraf Sr. who wrote (11847)	4/11/2001 11:24:04 PM
From: TechTrader42	Read Replies (2) of 12039

I don't trade penny stocks, Ron. I wouldn't buy, sell or hold it. The insider transactions don't look encouraging to me: biz.yahoo.com It has no earnings. It's in a problematic sector. The chart looks somewhat unrevealing. It could go up and it could go down. I have no interest in researching it. I wish you the best with it. I hope you do indeed make $100,000 with it, or more. If you could make $100,000 with that one, you could probably make it with any other stock, too. It might come down to your charting skills, and it might come down to luck. Or perhaps, as you say, to "homework". You wouldn't be the first to make lots of money with a penny stock -- and you wouldn't be the first to lose lots of money with such a stock, if all didn't go as planned. Oh, cardinal numbers: Probably an optical illusion.

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