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Thursday, June 14, 2007

PHES: Is it a flag?

It was one of Mr. Tsupitero's selected stock for the week with suggested buy @ .42 and target price @ .50. The target price has been reached today, and closed above it. I am seeing a flag again? Is it? If yes, my target price is @ .66.

I noticed that a buyers' volume ranges from 50k to 500k shares per transaction. Is this strong enough to shoot up the price tomorrow?