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Microcap & Penny Stocks : NYRR,What is going on?

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To: Katz R Us who wrote (3817)5/11/1999 1:30:00 PM
From: Andrew  Read Replies (1) of 4304
 
The stock may be down because there has been a huge run-up from $.15 in the past several weeks. Further, NYRR has exhibited a spiky price pattern in which quick gains are almost invariably followed by a retrenchment to the original entry point. I have played this volatility quite effectively - bought at $.10 and sold some at .25, bought back at .10 and more at $.195, then sold 1/4 of my position at $.60. Essentially, my remaining share position is a freebie. This time, I doubt we will go back to a dime though it is possible we may see the .30s if nothing substantively newsworthy happens in the next two weeks.

JMHO and do your own DD!!
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