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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct

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To: BigAppleBoy who wrote (1327)6/20/1998 12:32:00 AM
From: Pageup  Read Replies (1) of 2595
 
Okay, but a quick profit taking ideaology isn't a requirement to be a participant here. Sure we'd all like to do that, but in as much as I can only speak for myself, I got into AWLT because I was interested in the company, and had a "few" bucks to play with. I ain't got 100,000 shares of this stock, and likewise, I am not overly concerned (right now) with the company's solvency, or its ability to correct its market price in the immediate future. It's obvious that AWLT is in this game to stay, and has the ability to do so. The problem with the price of this stock is that between press releases, it's in somebody elses hands. I don't know nearly as much as I should know about this stuff, however, whenever in doubt, I always consult common sense first.

If the stock price drops below what I bought it for (~.145 avg) again, I'll ride it out... again, and again. Once Araldica's marketing strategies come to fruition the way the company intends for them to, the price will finally pick up and hold its own weight. I'm not in love with this stock, but I do like what Araldica is trying to accomplish, and as a participant by proxy, it piques my interest.

Regards
:-)
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