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Nuvilex, Inc. Message Board

  • tryingtogetthefacts tryingtogetthefacts Jun 21, 2008 10:14 AM Flag

    Going Out On A Limb

    I see Friday as capitulation day. The bid got as low as $.08 and there were some very big buys, even though we went down. I expect a rebound this week(for whatever that is worth).

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    • You should think about selling any rebound. What if you wanted to trade, say, 250,000 shares? You risk 20 plus grand with a position the size of the average daily volume, give or take. No, I think the whole board needs to sell. How about them apples? What is the risk reward of buying Wachovia right now with the money you have in efsf? What is the risk reward of buying BAC or AFFX or GM or...etc. You could take any leftover money right here, call it 5 grand, and put it in a host of quaility companies that have had the shit kicked out of them and make more money in a short AND longer timeframe than trying to guess this stock's maximum possible upside potential over any amount of time.

 

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