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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?

To: AriKirA who wrote (3732)	5/4/1999 3:15:00 PM
From: AriKirA	Read Replies (2) \| Respond to of 8117

A very good friend of mine will post his analysis tonight. Keith is one of the better if not the best TA guys on SI. His track record tells it all. I truly respect and highly regard his opinion on this subject. He is also one of the savviest individuals that I have met over the years. I know some of you will jump on me for this, but the analysis is coming from a neutral party, so take that in mind. Having said the latter, keep in mind that it is very hard to do TA on penny stocks as well as on event driven stocks. Most of you didn't appreciate Wards posts on the subject, but I must admit that he was right on with his assessment. I've been in for 3 years now and I get the impression that ... Well, let's just say that for all those that are thinking of buying, you might as well wait for the price to hit 1.20 or so. I presume that all the longs (most of the ones I have communicated with) have bought all the shares that they were willing to buy, which might explain the drop we will most probably be seeing in the next month or so unless management decides to create an artificial support level just as they did in the 1.70-1.75 range. Actually, some of the longs have sold a portion of their positions in the 2 range looking to get back in around 1.25. Good luck to all longs and I sincerly mean it! AK