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Strategies & Market Trends : InvestRight - Short Term Trading St -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey L. Henken who wrote (686)	12/22/1998 8:59:00 PM
From: RSkarsten	Read Replies (2) \| Respond to of 939

(My stock pick is about halfway down) I was just lucky, any you were gracious in your post. It's hard to say what it will do tomorrow, but trying to predict stock trends on a daily basis would only drive one to an early grave. The ultimate test is time, and I think you have a winner. Usually it takes a few days for spikes to flatten out. I've learned that the hard way. Inexperienced investors tend to chase trains, then, on the down side of the spike, those that bought in at high levels sell in a panic. The stock will dip to below where it will eventually flatten out, and if you can catch the dip you'll have an excellent time to buy back in, assuming of course that you all dumped at the spike, or increase your holdings. A steady incline should result after that, if the investor base is strong enough. If trading dwindles through lack of interest, then prices will go back to what they were. Whatever trend was occurring prior to the spike will continue. I'm not a skeptic, and being new to the SI thread my mission is to create friends, not enemies. I just discovered this thread yesterday, and I really like the idea of it, and I think that it is greatly needed for someone just like me. I'm continually searching for penny stocks that have potential, though I haven't been too successful yet, I can say that I'm not loosing nearly as much as I used to, and for me that IS an accomplishment My most recent personal pick is NHLT. Just before that it was LPTI. LPTI owns a patent for a soft tissue scanner that can locate cancer tissue the size of the head of a pin, up to 1 & 1/2 inches beneath the surface of the skin, without surgery. The device uses ultra sound to project magnified images onto a laptop screen. FDA, according to posts on the SI thread state that approval will happen within 90 days (mark your calendars!). You can see a movie of the device in operation on LPTI's web site. NHLT has secured distribution rights for the unit for the entire Northern Continent. NHLT also has a wholesale med. insurance program in place that has 3500 hospitals and (if I remember right) 200,000 doctors subscribing to. One of the subsidiaries is a company that will be handling the device. They already have a wholesale med. supply business. The whole thing came together, when within the last few days, PanAmerican Bancorp announced that they would be committing at least 2 million for promoting the device. This announcement nearly quadrupled LPTI's stock up to the $2.50 mark, with it settling back down to the $1.65 - $2.00 range. NHLT is still at the .19 - .21 range. I do not think that it will be long before it starts to move up. Let me know if any are interested, I'll post some links and other stuff like that. I own some of LPTI and NHLT, so I would have plenty to benefit for raising stock prices in either of those. I don't have any floats or issue amounts, but I do know that PanAm has around 750 million shares at around a penny. NHLT has an SI thread as well; the last negative remark that I recall is that their last quarterly wasn't very good. The best remark heard was that they are currently training 800 sales people to hit the pavement as soon as approval is given. According to an LPTI post, there was a recent stockholder's meeting, where a rep from the FDA said that approval would not be a problem. So here's my 2 cents worth: The potential upside is huge. Think of how many more patients will be able to come in, get scanned, at a fraction of the cost of previous surgical cancer searching techniques. This devise can also be used in the pro sports sector. An athlete gets injured on the field, a staff doctor or med. assistant scans the injury and either makes a diagnosis or downloads the file and sends it via the Internet to a specialist someplace. Bedsores have already been detected and treated before the surface through the skin. This means that all nursing and retirement homes will want to have one just to keep up with the competition. There's plenty of speculation on the SI threads regarding how much up side there is, I'll let you all find that on your own. Russ