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binnocent
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I've just become a member. Have been watching this board for a few months. Got some good tips, so thank you to so many of you regulars! I do have a question, A stock is going to be increasing their authorized shares of common stock from 100,000,000 to 500,000,000. Is this usually a good sign that the price may rise or fall?
Posts: 470 | From: Pennsylvania | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
Bob Frey
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Most of the time it will fall.
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binnocent
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Thanks Bob
My question relates to ADPR. Got in at .10 still holding at .17. Can't decide if I want to take my profit now?
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Bob Frey
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Take your cash and move on... If you need to ask SELL.

Just the way I would do it.

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Machiavelli
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thats not a bad profit binnocent if you bought at .10 and its up to .17.. depending on how many share you bought at that price.. like Bob says i would just sell and move onto another stock you like.. .07 profit per share is nice.. :-)
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binnocent
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Thank you guys, I appreciate the good advise. I did sell on Friday at .199. I just about doubled my money. I'm happy!
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Bob Frey
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Nice trade...
Posts: 3122 | From: Cleveland, Ohio | Registered: Jan 2000  |  IP: Logged | Report this post to a Moderator
   

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