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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: Trooper who wrote (2463)1/1/1999 1:14:00 PM
From: dgrs1  Read Replies (3) of 3693
 
Trooper,

Profit taking will be brutal on WOOD when it occurs. Over a 1000% move in a few days is unbelievable. People holding these profits will be quick on the trigger when it happens. It may be buy on the rumor and sell on the news. I have completely underestimated the current move and sold why to soon but would not touch this stock at these prices. I may be wrong again but will sit on the sidelines until the stock corrects. I will look for another WOOD in the meantime. Risk is to high for me at the current level. Good luck to all those who are long the stock at this point. IMHO
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