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  #1  
Old 01-22-2008, 02:01 PM
Red Bullet
 
Join Date: Aug 2007
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Sybd

Hey guys, Just looking for some advice on a stock --SYBD-- its at .28 cents a share. dont play the market that that much. My buddy told me it will take off. But he got some info from a friend. any advice would be full. Thanks for your time.
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Old 01-22-2008, 04:26 PM
Registered User
 
Join Date: May 2007
Location: D' burbs
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Hard to judge penny stocks. This one has tripled from Nov. into Jan. and come down about 1/3. 6 month chart shows it closed under it's 50 day SMA for the first time since the Nov. breakout. If it can rebound and start a new leg up I'd say it's worth a look but I wouldn't buy it until there's a sign or some positive news. Pretty low risk if it can get down to .15

Keep in mind that volume is very light so it could be hard to sell when the time comes.

Friend of a friend stocks rarely work out. Good luck.
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  #3  
Old 01-22-2008, 08:02 PM
pman
 
Join Date: Apr 2007
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put it on your radar for the next few days it moved in November because the company got 1.3mil for further research and it continued to climb whether it will go higher well the signs are there for it to climb some more but wait a few days see if it reaches .29 to .30.
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  #4  
Old 03-07-2008, 06:53 AM
Red Bullet
 
Join Date: Aug 2007
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Hey guys thanks for the info. I bought in at $.27 for 3,000 shares. back when i put this up. Hope you guys jumped on for a little. Its up to .62 cents plus he was telling me that the company will be getting more grants for research. Target range 1.30- 1.65
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