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Microcap & Penny Stocks : Cetek Technologies (CTKT) -- Ignore unavailable to you. Want to Upgrade?


To: David Sirk who wrote (229)3/7/1999 7:46:00 PM
From: Lazarus  Respond to of 584
 
>>When is a good time to jump back in?<<

tuff call David. If I knew the answer to that one....I wouldnt be here.

Fayiz not happy with Power Media and I have a fax from him to them...but I dont want to take the time to copy it...maybe sometime I will... but I am a busy man.

I have picked up shares here and am holding. I dont think it is going back down to 3 cents. There is a LOT of interest in this stock and a lot of eyes on it.

My strategy on a stock like this is to buy a comfortable postion on the pullback ... and this was a dandy of a pullback. It assures me that I wont miss out on it if/when it runs again. Then if I am wrong and it goes down I dont worry to much....cuz if if it went back down to 3 cents....I can assure you that I and MANY others would REALLY load up.

When I buy a stock and go long...I dont let a few pennies one way or the other influence me...becuz my target is usually pretty high.

When I was buying this stock awhile back...I bought shares as low as 3 cents and added more up through 12 cents.

I bought PLFM last yr at the top of a runnup at .43 Then I held it while it went down to .12 ....my only mistake was not buying at at .12. when that stock did an about face it shot right up to 1.80 ... I could give you lots of other examples...but I am saying that for the benefit of those who may have bought near the top and are fearful of avgeraging down.

Lazarus