Madera Int. (WOOD) Message Board

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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: agiak who wrote (3620)	3/3/1999 10:23:00 AM
From: agiak	Read Replies (1) of 3693

Feels GOOD that Wood is finally bouncing. With the anticipation of the web site, land sale, increase in revenues, I believe we have a great chance in breaking the book value for this company. I will not predict what wood will trade by the end of the summer but right now the chart shows a very bullish signal. Good luck to the longs who have held on and have managed to buy on the dips. New support clearly shows .11 and the next resistence is .23. If we clear this resistence, we will get to book. Does anybody else have an opinion on the technicals or are they useless for pennies.

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