Larry, I'm one of those that TAKES PROFITS. It is just how I learned to make money in these low priced stocks. I have been "TRADING" XOXO for almost a year and have ALWAYS done really well. Made .30 cents on 33,000 shares just since last week. Now I don't call myself a "Day Trader" but rather a PROFIT TAKER because experience has taught me that when just about aby stock RUNS UP a nice percentage gain, then Profit taking will pull it back to some degree. In one like XOXO in which I think the potential is to get back to previous double digit numbers, I use profits to ADD to my position, thus building a larger & larger position to an average of less than FREE...
Just thought I would comment on that.
Now, if any of you folks would like to research another stock I think will perhaps become a HUGE WINNER, here it is.
Fonar Corp. (FONR) CEO Dr. Raymond Damadian, Inventor of the MRI. Now Fonar has a NEW FDA Approved MRI called the STAND-UP Fully Open High Field MRI See it at fonar.com A little history for you. #1. Dr. Damadian invents MRI. #2. Builds company to Sell his patented product. #3. Giant companies knocks Fonar out of market share by stealing technology. #4. Dr. Damadian finally gets it to Court and Jury Trial and WINS. #5. Wins High Court decision. #6. Takes CASH and gets $128.7 Million from GE Medical alone as well as money from many other MRI makers and Re-Invents MRI. (bty) That little boy would not have been Killed in a Foanr machine, as Fonar has the Fringe Field Problems solved, GE doesn't ;^) #7. After Fonar BEATS GE Medical, GE Medical cuts deal with Fonar to sell Fonar's New Stand-UP fully Open High Field, SAFE, QUITE MRI Products. FULL Circle and we have a David and Goliath story with the SAME WINNER, Little David <VBG> (FONR) is in the Low $2.00 level But I speculate this stock may perhaps be a lot higher priced by the time the world's largest Radiologist show, the RSNA Show, is held in late November.
Just my opinions and Perceptions, BlueCheap |