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could see new highs today and going into next week. This should look strong opening, hopefully we can hold. Lets hope for a .018 high today
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I just wrote a page e-mail to them. I explained that i use their stores once a month and spend at a given time $500. This product would certainly be on my shopping list everytime!
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I don't know what to think about PMED? Bought it after seeing it on ********* and it took a dive. Now it's creeping back up. I guess I'll watch it for a while and hope for the best.
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Again, this seems to be a good position for buyers here. We have held solidly over .01 for some time now, and I don't think we are going much lower than .012. When we start getting positive news about sales and revenue, we should see this shoot up in a flash...
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I agree Jim SC. Unlike a lot of companies in this penny neighborhood, this one actually has a decent product and real sales potential. The new CEO is looking to expand sales overseas. On news of Canadian approval of their new product, this shot up to over .03 in short order. Remember that this wasn't even news on sales--this was just news on potential sales. Now it has pulled back while we wait for news on recent developments and sales figures. Once this get this news...we will be saying "BAM", to use a phrase of Emeril Legasse, could see .04 + in no time...
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Remember too that the company had to get financing to the tune of $1.5M because they needed money to keep up with the sudden demand. Sometimes you have to spend money to make bigger money. Any accumulation in the area below .014 is a pretty good buy IMO.
-------------------- I may be wrong, but I don't think so....
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Hi, Rbreb13. If you get patience, it's possible that you will retire early. Let's play it on paper: 1. Put 1000.00 each in every one of the following 5 stocks at the open tomorrow: PMED, IGAI, FMLY, XKEM, SNWP 2. Let them sit there for 4 months, taking profits only when they jump 3 times or more at the top of a major run. So your money will grow 3 times every 4 months. 3. We will reinvest as soon as a stock has hit the goal, or at the end of 4 months. So, ideally, your initial investment of 5,000 tomorrow will become 15,000 on August 7th, 2006; it will become 45,000 on December 7th, 200th; and 135,000 on April 7th, 2007. 4. So the power of multiplication comes into play -- each year your capital get to multiply by 27 and your initial capital of 5000 will become 27 X 27 X 5,000 = 3,695,000 on April 7th, 2008. IF this is not enough for you, do it one more year, and you will have more than 80 million in your account! This post intends to show that patience is the key to win the game. Give each stock 4 months to grow and yourself 2 years to get rich. I will follow up these five stocks, and post the progress every 3 weeks.
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Once I take my profits out of RSHN, I'll have that amount of money, and I think I'll follow your proposed strategy. You've done me good with RSHN so far.
The only thing I must ask is.. what's the maximum you've seen invested into a single penny/sub-penny stock by one person at one time?
Cuz I find it hard to believe that you could really invest over $100,000 in a sub-penny in one shot. Wouldn't that tend to come out to equal a massive portion of the outstanding shares of a stock and probably not really get filled?
Thanks.
-------------------- Hindsight is 20:1. It's like printing money.
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Hi, Edge. You got a good question. I am glad that at least one of us has the problems of putting too much money in one stocks. We will address this issue later next week. BTW. I like your posts.
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Thanks, Jim. I don't have that problem of having too much money to invest in a single stock. I'm very far from that, actually.
But I just remember this issue having come up in the '$1,000 to $100,000 Club' forum, where they were talking about just making 10% gains per month for a few years. At a certain point, you have to diversify outside of just 5 stocks, I'm guessing.
But, no rush yet. I'm still happy with whatever gains I do make, be them 20% or 200%. I'm only 21, with hopefully a long life of trading ahead of me. I can take my time. Thanks again.
-------------------- Hindsight is 20:1. It's like printing money.
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anybody see this? we finished green for the day, in the final seconds before the closing bell. Nice! And just when it looked like we were going to end the week on a sour note. Only a .72 % gain, but I'll take it. Let's hope we open strong next week, and then, with any luck, we should start getting some positive news to get us back over the .02 hump...
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next week is the week, I think there waiting for after the holiday, and next week will be the one. If it stays low tommorow it might be your last chance for a great deal
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