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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: oakmount who wrote (27195)2/12/2000 7:28:00 PM
From: Katie Kommando   of 150070
 
oakmount . . . There is a new book out titled "Penny Stocks The Next American Gold Rush." It is authored by Dan Holtzclaw and available from amazon.com.

I would not recommend it to experienced OTC investors, but I think it is good for individuals who are just getting started with the pennies.

Chapter 3 provides the "Golden Rules of Penny Investing."

1. Always perform your own due diligence (DD).

2. Never place a market order when trading penny stocks.

3. Ignore the bashers. Ignore the hypsters.

4. Do not fall in love with one particular penny stock.

5. Don't be afraid to invest in stocks that have burned you in the past.

6 Constantly monitor your penny stock investments.

7. You cannot lose money on your investment until you sell and likewise, you cannot make money on your investment until you sell.

8. With your long-term investments, hold and buy on the dips.

9. Be wary of press releases.

10. Be patient with your investments.

Katie K.
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