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Microcap & Penny Stocks : EDII

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To: Lee Walsh who wrote (1287)6/16/1998 10:41:00 PM
From: cutiger   of 2849
 
I still fairly inexperienced at Penny Stocks, but you are right. I've watched my holdings dwindle 50% the last 2 weeks after making great strides. I was stupid and didn't sell after fast gains. Now I'm waiting for a pop just to get back to even with some of them.

From what I've seen, beware when ...

1) Someone claims that a base has been formed. Every time I've seen that, the particular stock heads even lower.

2) The company is established in Nevada.

3) The original people talking hot about a stock are no longer posting - not always pump and dumpers.

John
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