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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: brad greene who wrote (1278)3/20/1998 11:56:00 PM
From: dealmakr   Read Replies (1) of 5847
 
Trading action.

Todays trades as everyone has seen were on the downside mostly caused by people moving on. As a trader if you have some profits and want to go on to the next play, you can't lose by taking money off the table. As an investor you have to know what you are buying and why. Sometimes by entering a trade you become an investor by having the trade move swiftly against you. Thats the time to stop and take a look to see if holding is worth it or cut your losses and move on. As was stated todays action and volume would have crushed this stock last week. The stock has shown something here. I had buy orders in at .21&.205 today. Never filled. When the stock was moving down rapidly I wanted to see how far it would go. It held up ok. For those that elect to move on, just keep this one in mind for a possible position as an investor someday. For those that will hang around, I think the long term IMO is good. This is the only stock that I currently own that I have certs on, as I will be around for the long term. After thinking about it I am going to call for 125,000 shares to be certed instead of the 100k. This will give me 170k in cert form. Please update you list.

Dave
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