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Non-Tech : InvestRight Club Challenge

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To: Jeffrey L. Henken who wrote (2062)	5/9/1999 5:19:00 PM
From: Dave Gore	Read Replies (1) of 2662

Thanks, Heff... the big mistake many make is worrying too much about PP or 504 or any other low priced shares. Some who get cheap stock sell as soon as they can and others hold on. Eventually the cheap shares dry up and the only selling is by those who bought from 40 cents to @1.10 or so. Too many time people have given up just before some big moves: FTRK sat at 20 cents for many months before going to $1.375 WLGS sat at 20-34 cents for many months before going to $4.00 SHAL sat at $2-4 before going to $20 PNLK sat (twice) at around $1.00 before going to $8.00 or so MRPS sat at 20-40 cents before going to 2-5/8 and then after falling back to $1.00-$1.35 for weeks, moved up to $3.30 or so WINR was 65-85 for months, then went to 40 cents for a couple months before hitting $3.00 (twice); now getting ready for another major advance from $1.50-$2.00 in the next few weeks (at least I believe so) Sometimes with good companies it is best not to give up too soon and even average down. I will be hopefully speaking with John Folger on monday and will be averaging down if I like what I hear.

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