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Microcap & Penny Stocks : SEDONA Corporation (SDNA)
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To: The Gambler who wrote (580)2/14/1999 12:01:00 AM
From: Jerry Rush  Read Replies (1) of 731
 
<< Whats up..? >>
1. The volume.
2. The price.
3. The outlook.
4. The expectations.

Sorry.
Couldn't resist.
;o)

Seriously, not a bad hammer reversal on thursday after falling from north of $3.
The low was still higher than the Jan. low, which is higher than the Dec. one.
And believe me, it was tough to buy near the low on thursday.
...So the buyers came in on friday.

Call it a technical bounce.
Or reaction to an oversold situation.
Or simply greed fueled by fear... the fear of missing the move when it comes.

When will the old, old promise of sales and growth come?
Good question.
But the answer has to be getting closer.
Two months?
Maybe.
If two or less, investors (or gamblers) that buy below $3 will seem prophetic.
If over two months, we can put the dunce caps back on because fear will again push aside greed as patience (AGAIN) runs out.

jmo, of course.
Jerry
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