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Microcap & Penny Stocks : MDMI: Massimo da Milano, Inc. at .02 up 66% 52wk high .38

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To: MoneyMade who wrote (4)10/8/1998 11:22:00 AM
From: DuGen  Read Replies (1) of 20
 
2 cents is a good price for MDMI, but $1-$2, I don't think so. In the last year it has tried twice to break above .30 (early Jan and early Jun) and can't hold it. So the plan (my plan anyway) is to buy under 6 cents and unload when it goes over .18. And it looks like it is starting to make another test run. If it does break above .30 I'll still have a core position. If it hits 30 and falls below 25, I'll be gone. I'm not a day trader, but when you see a pattern starting to form, take advantage of it.

DuGen
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