One of the things I learned in my greener days of trading penny stocks back in the early-mid 80`s, was from a Gentleman I`ll just referred to as ``RB``, who was infamous, revered and despised - not necessecarily in that order.

Let`s just say he was a pied piper of sorts on the Penny stock boards, and had alot of people suckered with his picks, his ``news service`` and his hanger-ons who unabashedly sucked up to him.

About the only whit of truth that guy ever posted on a board, was his theory of new taking news against a stock to take 3-days to hit the market with effectivity.

The 1st day allows for the collective sorts who are actively watching the stock to react and profit the most.

The 2nd day activity allows for the unsure who didn`t invest on the 1st day. Volume can prove to be as good as or better than the first, given these guys are big wheels in stature and do thier DD correctly.

The 3rd days is for all the johnny come-latelys, and this provides the best opportunity to sell back into the market, with the stock finding equilibrium...

But I guess we all knew this.

I`m looking for close to .30 tomorrow.

Debating whether I should tell the wife about all this yet....

Regards