T1B

Scott, can you check out SYTE and tell me what you think? I bought 1500 shares at $.05. Hardly a big investment, but it's been sitting at $.05 for freaking forever and has tripled in just a few months.

They are a dialup internet service provider with holdings across the US.
Thanks!

OCmike wrote:Scott, can you check out SYTE and tell me what you think? I bought 1500 shares at $.05. Hardly a big investment, but it's been sitting at $.05 for freaking forever and has tripled in just a few months.

They are a dialup internet service provider with holdings across the US.
Thanks!

Mike,

usually on pennies (and most everything else), if you've read my other response in here, I advise if a stock doubles - sell half and play with "house" money.

Since your only talking about $75 initial investment, I'd say let it ride - maybe put a trailing stop sell around .09 (that's where support is - That gives you margin for error if it suddenly gets dumped (the weekly low last year was .05 last July) -

The three year chart shows steady growth - and without digging into the financials, price action is all I really have to go on

Syte is now .13 a share

Your $75 has now become $195.

Have you kept the stock?
What kind of commissions are you paying?


I don't have any penny stocks, so I am living vicariously through you. I hope this stock keeps climbing for you!

Jack wrote:Syte is now .13 a share

Your $75 has now become $195.

Have you kept the stock?
What kind of commissions are you paying?


I don't have any penny stocks, so I am living vicariously through you.

You are just fucking pathetic.

and you are a goober!

This is a stock forum, post something intelligent otherwise... post elsewhere!!

Jack wrote:and you are a goober!

This is a stock forum, post something intelligent otherwise... post elsewhere!!

Have you ever posted anything intelligent anywhere?

How's that stock doing now, Mike? As of Jack's 6/30 post you're up about one trip to the grocery store. Another couple % and you can throw in an extra six pack.
Keep rockin'.

So, i have done more checking on this stock..

Good News: It was up > 7% today



**********************************************

http://moneycentral.msn.com/investor/re ... ymbol=syte


7109 Timberlake Road

Suite 201

Lynchburg VA 24502
Phone: 434-2372657 http://www.sitestar.com

Industry : Conglomerates
Employees : 0

Exchange : OTC BB

Sitestar Corporation is a national Internet service provider (ISP) and computer services company offering a range of services to business and residential customers. The CompanyGÇÖs national Internet service is marketed under the brand name SurfWithUs.net. The products and services the Company provides include Internet access services, Web acceleration services, Web design and programming services, Web hosting services, end-to-end e-commerce solutions, online marketing consulting, toner and ink cartridge remanufacturing services, and computer programming and consulting services. The CompanyGÇÖs ISP division consists of multiple sites of operation and services customers throughout the United States and Canada, with concentrations in customers in the Mid-Atlantic, Ohio Valley and Rocky Mountain regions in the United States and in Ontario, Canada

******************

It just acquired a dial up comapny ..

http://www.sitestar.com/sitestar_news_p ... alanet.cfm


and a t .15 per share.... each penny it goes up is ~7%

and each penny it goes down is ~7%.

I purchased 75 shares at .10. Six percent growth, thus far. Will take at least doubling (or more) to get it above the commission, however. Just penny stock, I guess. We'll see how it goes.