Pen Intercom (PENC) - Ready to fly? Message Board

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Microcap & Penny Stocks : Pen Intercom (PENC) - Ready to fly?

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To: Andrew Hunter who wrote (20)	9/18/1997 1:44:00 PM
From: Plaything	of 107

You don't sound the day-trader type as I somehow imagined! I thought you were a short term player (from a previous post); your 6mo horizon is just what I look for too for %age returns. I agree with your assesment, I can see how dilution can affect PENC in the interim, I wish had more moola to average down. I own MADGF at $6 too and it has moved up nicely in the last 2 months, I am looking at getting out $10+ there, and that's definitely possible. In the past years I pretty much was a momentum player, but thank god those days are long gone, I have done very well since I began buying into beaten down stocks on a turnaround, and some basic TA has certainly helped in large part to find good entry points. Patience is definitely the key given the upside room for all such stocks.

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