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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (24092)	1/24/2002 10:05:13 AM
From: BlueCheap	Read Replies (1) \| Respond to of 25711

I have Joe, thanks. Now on (FONR) at $1.16, may I ask your opinion on it. I see FONR as a far different stock than these penny stocks I also trade. I am confident that FONR will it move up from current price but I also have an opinion that FONR will perhaps become a HUGE WINNER priced maybe in double digits. May well trade much like MDCI did last year moving from $3 to over $20.00. Like FONR, MDCI traded in the $1.00 to $4.00 range for several years, then broke out over $5, which is all FONR needs do. See MDCI chart Since I know you are very experienced, and since I personally have over 50% of my cash invested in FONR, I thought I would ask, if you have the time of course. I am considering other stocks, such as ABTL which I recently bought at .70 cents in Oct and hit $3.25 recently. I trade only low priced stocks for a living. Part of My criteria for a stock to be considered is #1 Foremost the stock MUST be trading at or near it's 52 week LOW. #2. Needs to trade decent VOLUME #3. Not heavy debt, Examples,like UTCI was ( I only jumped on that because I thought it might BOUNCE) I got BURNED good in XOXO recently. Had XO averaged at .70 cents, sold at $1.85 and then put far too much back in it at .90, had to sell for .15 cents, OUCH! That is but the first things I look at. I am looking at a few that look a lot like ABTL did. If I take positions, I'll post the symbols here. Thanks, BlueCheap