CHRONICLE COMM. (CRNC)GREAT NEW CO. - ONLY 900K FLOAT& Message Board

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Microcap & Penny Stocks : CHRONICLE COMM. (CRNC)GREAT NEW CO. - ONLY 900K FLOAT&

CRNC 9.440

-2.0%

11:33 AM EST

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To: Chuck Rubin who wrote (22)	10/22/1998 5:22:00 PM
From: Jim B	Read Replies (2) of 694

as a good rule of thumb.. I'll usually set aside $x,xxx amount of dollars for a stock.. If it's stable .. I'll find an entry point and invest it all.. if the stock has been moving around a bit.. up and down and all over.. I'll look for a dip and buy half the amount... then if the stock dips more I will take the second half and average down... or if the stock moves up I'll average up... I'd rather average up of course meaning that the first half of my investment is already making money... just depends on how firmly I believe the stock is undervalued and whether I think there are some positive developments in the works and how I think the stock will do both short term and long.. anyway, like I said... sometimes putting up half your money now and then getting a feel for things later on.. and maybe buying the other half early next week or sometime mid next week or so when the news comes out assuming it's good.. do what's best for you... just my thoughts... I'm NOT advocating that you do these things... just something that I find to be very helpful in minimizing my risks and maximizing returns... best of luck to you.. I, personally, feel this stock will do very well next week... I'm looking for a move up tomorrow... probably dip a little early to late morning or just before lunch and then last hour or two.. move towards another new high.. the weekend will hopefully bring in new interest to this stock as most people (by my experience) can only really take the time to read about new stocks over the weekend... and hopefully word will spread especially if we close up tomorrow that we in fact closed up several days in a row and volume increasing and blah blah blah... I'm rambling... later all jim

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