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Pastimes : Double Zero

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To: Josef Svejk who wrote (3382)9/29/1998 6:09:00 PM
From: Hoatzin  Read Replies (2) of 4295
 
Josef even speculative trash like MSFT and CSCO have had some brief periods of time where a lucky investor might have made money by buying them. I am hoping that FBNA has bottomed again and will be on another short term rise to some price higher than today. I think it would be advisable for an investor with a smallish amount of common sense like myself to sell 1/2 of their position at that level based on previous failures to select stocks that go up.

Buy back more shares lower and have less money

I am not suggesting selling all the shares an investor holds because I too feel FBNA has the potential to develop into not just a great laughing stock but also a great company. The thing is that FBNA must announce more than just a deal with his Holiness or the evil Canadian shorts will continue to put a lid on any progress for the stock. Please check out the chart:

dailystocks.net

If FBNA can break through the 50 day average, and sustain a rise, then I predict it will have gone up.

This week I really, really hope we get a rally.

So as I said:

Hope, Hope, HOPE!

PrayRight
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