GREY:SKNYQ - Post by User
Post by
DRILLFILLBILLon May 07, 2008 12:22am
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Post# 15045299
Re: Tank
Re: TankMy stop loss is $0.16USD for SKNY. Remember, it takes time for these specialty beverage companies to get off the ground. Again, if you look at JSDA and HANS you will see that each one peaked approximately 4 years from their respective buy signal. Using monthly charts, JSDA buy signal came in May of 2003 at around $0.50USD...four years later, you are at a high of $32.59. In my opinion, HOLD!! It's going to be tough, but the possible rewards are huge. Look at it this way: it's a penny stock, and it is very cheap. If you bought a few thousand shares, and then the stock goes South...who cares!!...the investment of a few thousand shares is minuscule. Don't forget about HANS. The buy signal in 2003 came in the 0.60 range...then four years later it hit $68!!