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Microcap & Penny Stocks : Madera Int. (WOOD) -- Ignore unavailable to you. Want to Upgrade?


To: Trooper who wrote (2463)1/1/1999 12:37:00 PM
From: David Sirk  Respond to of 3693
 
I'm not trying to sway anyone! I just felt the need to post why I'm out of the stock at this point. I also mentioned that this could be a HUGE mistake on my part. I should have some more money in MY Etrade Account come Monday. It is quite possible that ALL of that money will be placed back in WOOD.



To: Trooper who wrote (2463)1/1/1999 1:14:00 PM
From: dgrs1  Read Replies (3) | Respond to of 3693
 
Trooper,

Profit taking will be brutal on WOOD when it occurs. Over a 1000% move in a few days is unbelievable. People holding these profits will be quick on the trigger when it happens. It may be buy on the rumor and sell on the news. I have completely underestimated the current move and sold why to soon but would not touch this stock at these prices. I may be wrong again but will sit on the sidelines until the stock corrects. I will look for another WOOD in the meantime. Risk is to high for me at the current level. Good luck to all those who are long the stock at this point. IMHO