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

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To: Hawkmoon who wrote (467)7/25/1997 10:42:00 PM
From: Joe Basile   of 6180
 
Sounds pretty logical to me. I took a small position here at 3 13/16. My guess was wrong...at least temporarily. If the company shows earnings AND breaks out comfortably above 4.25 I will buy more.
It is my opinion that when you are right on a stock pick, it does make sense to buy more even though it has gone up some. I will never buy a stock down unless it is a large or mid-cap that has decent fundamentals. (why put good money after bad is the way I look at it) Have a nice weekend and Good luck.

Regards

Joe
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