Footwear & Accessories

[Survival2006]

I am a wholly newcomer to this form of investing experience and also to this forum. I have done some reading of past discussions and I must sincerely commend the brains behind this forum and the galaxy of liberal contributors to discussions here; the best so far that has clearly met my dream. Boy, I have been educated! I am sincerely proud of you all wherever you may be writing from and the time you put in to discuss sincerely and freely on any issue.

With limited income to push through on stocks, I look mostly at the direction of pennystocks. For a week running now, I have watched with admiration the climb of Footwear & Accessories and I am being tempted to stick out my neck for it, as I have been too cautious to take advantage of some pennystocks in the past and lost out tremendously. Does anyone please have any information about Footwear & Accessories. I wish the gurus here will favour everyone with an opinion. An unyielding climb from 94k to N1.40k within one week or so is for me dramatic. Thanks and wish you guys happy survival wherever you are I am sincerely proud of you all

[c kenneths]

You are welcome friend, Footwear is among the companyies refered to as outsiders which will suddenly start an upward movement without any prior announcement of good earnings or any other consideration that pushed up the price, sometimes these stocks pick up and appreciate geometrically within weeks and sometimes they just start pulling back after a few days.

It all depends on your appetite for risks, I took one such risk with First aluminium and am smiling since then. But that does not mean I could'nt lose big time if I tried this somewhere else.

[Survival2006]

Footwear & Accessories is still climbing and the volumes are doubling daily. I have spoken to my Broker and he is telling me "is not available". What with the volumes being traded daily! Hope he may not want me to miss out again?