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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Due Diligence who wrote (7329)5/21/1999 8:55:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Don't know CANI, but 2 things. . chart looks like falling knife taking a bounce and the company is from Dallas, which means I would need to do extensive investigative DD before considering them, due to the Scammy reputation Dallas has. Sorry I can't help more.

This was my answer. And you don't understand? Many here never get answered at all. It appears this "argument" is more a tantrum for not getting your way. I said two things. . . the company was a penny stock from Dallas. I have my rules that are designed for the protection of those here. . . I made it clear WHY the location figured in. . . I have since given you volumes of info for you to read to CATCH YOU UP TO SPEED with trading penny stocks.

In my opinion, you have a careless approach to selecting penny stocks and are unconcerned whether you get ripped off or not. I know many that were just like you and walked right into stocks like BAAT, RMIL, MIDL, PNLK, MINE, AVBC, AAFG, MDCE, PRWT and many other companies whose sole existence seemed to be to sell shares to shareholders. . . and many of those same people still have shares left over.

Here is the chart I mentioned of CANI . . .spikes up a few bucks then long slow decline. . .repeats over and over. . .looks like this will be the sixth time, since company opened a year ago. Fell originally from 12 dollars. Historical resistance levels at 7.50 and 8.00. A breakout above 8.00 would be worth watching.

Now I have spent FAR too much of the thread's time on this stock.

C Ya

Rande Is