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Microcap & Penny Stocks : UTDL (United Leisure Corp.)

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To: DAY TRADER who wrote (140)4/6/1999 4:47:00 AM
From: Highlander  Read Replies (1) of 389
 
Hey..It's my Friend Day Trader:

Thanks for the tip on UTDL. I'm sure it'll be a winner!!!

If we all agree that this equity is headed higher, then the warrants provide the potential for greater return.

Based on todays closing price, should the commons hit $5 ($1.72 x 2.91 = $5 ; a net return of 191%)...the warrants would be worth a minimum of $1 ($0.24 x 4.17 = $1 ; a net return of 317%).

Hmmmmm...

What is your exit on this one?

My "exit" for this stock is the same strategy that I use with all equities. Watch the momentum and let the market tell you when the game is over (head fakes and MM BS scare tactics don't count).

My Number One Rule (Because of greed, I fail to follow this all too often)...

You'll Never Go Broke by Taking a Profit!!!

THERE CAN BE ONLY ONE!!!

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