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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: rrufff who wrote (16356)1/2/2004 4:44:00 PM
From: Catfish  Read Replies (1) of 120415
 
rrufff,

GNBT - The chart shows this coming off of a double bottom in the $1.25 area. I thought this would be a very good short term play, and it may be a good long term play as well. It would be nice if it could get back over $2 and perhaps spike to the $2.50 area before correcting again. The last time it ran up, it hit resistance in the $1.70 area, and the $2.00 area before the spike to $2.50. I will probably buy and sell this several times in order to lock in profits.
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