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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5ยข to $5 -- Ignore unavailable to you. Want to Upgrade?

To: CusterInvestor who wrote (21459)6/17/2004 10:18:26 AM
From: Catfish  Read Replies (1) | Respond to of 120415
 
bigpike,
PROX - I only trade this stock. I do not hold it for more than a few days at the time. They have a high debt level, and 123.4 M shares out.

But this stock is always moving, and they have some nice tech. As far as reentry, the previous close was 1.11, and it spiked to $1.53, so that is a .42 cent move. I am hoping for a retrace of 5/8 (.625) which would put the price about $1.27 to $1.28. We will see.


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