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Any thoughts on how high this will go? Is it a good company?

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treyda
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I've been holding it for one year now.
It has been running up steadly for close to a month now. Falling back a bit today.
A lot of resistance appears to remain at 1 dollar. They need a big news release to break the dollar psychological barrier I guess.

Anyhow, I've posted about this stock on several message boards. I am by no means a 'pumper', but I can tell you this; without disclosing my sources, this stock is being expected to make a BIG move sometime soon. I can't tell you myself what 'BIG' is becuase I am not sure. My feeling is that it will be a move to 3 dollars or more. I've heard as much as 10 dollars which would be insane. There are so many rumors floating around that I can't begin to tell you. Chances are, with that many rumors, one of them is probably fact.

One of the rumors is that the Cisnero's group from Venezuela is going to flat out buy out the company. Another one is that they are investing heavily into the company.

Anyhow, my guess is that whatever is going to happen, will happen either late this summer or in the early fall. My only fear is these looming terrorist threats. I hope there are no attacks this summer as some fear. That would kill the whole market.

Anyhow, checkout the yahoo message board. Practically every poster is a strong buy. I personally find that somewhat peculiar. since it isn't exactly what you would typically find on most message boards.

My recommendation is hold this stock if you already own it, and buy it now beneath 90 cents if you can. It won't go cheaper than the mid to low 80's. Strong support there.


Posts: 79 | From: Key Biscayne , FL USA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
   

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