Lance,
I have been watching APPI for almost 2 years now. There news is VERY slow coming out. Check releases at their site. Only 5 releases all year. That is why I think they will settle back from today, tomorrow or next week, to my ideal buying range again. I'm patient. (Still holding original shares bought.)
These news releases generate some short term rises. After I get my shares, I'll wait for bigger news. I expect some next year. Then I'll flip shares over a few days to capture profits and, um, not buy or average down, but, heck, what is that term? Starts with an 'o', well anyway reduce my per share cost to nearer $0.00. They had a couple of spikes in 1998 and I didn't take advantage of them. I will in 1999. I don't like to broadcast my moves too much in advance, but most people aren't patient enough for me to worry about. I'll be able to execute because there are too many "day trader" mentalities out there who are unwilling to hold a longer view. Of course if NDB goes down every time I see an ideal buying opportunity, sigh, I'll just have to get another broker. I would be holding LARGE right now if not for that today.
Long term. I like what they do. I have seen their patent online and posted it's location, I believe on the APPI thread. I believe that although the company moves VERY slowly, they will succeed and this stock, someday, will be well over $1 with potential for double figures. Now, this is VERY long term, mind you and only my opinion.
Stay in the Black! jimS
PS NDB is back up now. Like that does me any good anymore today! |
