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Microcap & Penny Stocks : RDOX Battery Technology

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To: Allen Scroggins who wrote (1750)3/12/1999 4:47:00 PM
From: Chris O'Keefe  Read Replies (1) of 1983
 
I took a chance on RDOX today...and so far have gotten burnt pretty bad. Still, the massive jump up in volume was impressive--I actually did not think of selling, even when I was down 30 or 40 percent. Obviously, my thought was that RDOX wasn't "crashing" so much as "dipping." I still think that.

Anyway, I can't predict the future but I think the RDOX story is not over. My current opinion is that the big roller coaster today was a "flushing out" of folks with lower entry points (not meant to be offensive).

So, I think that if RDOX goes below $1 tomorrow, I'll know I was wrong; However, if the share price breaks $1.25, I'll think I was right and believe that $1.50 and $1.75 are around the corner.

Chris
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