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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Cheesehead who wrote (52472)6/25/2000 10:02:00 AM
From: myturn   of 150070
 
Another key is not to bounce around from stock to stock.

Find a stock of your own that is sitting down near its 52 week low that has volume in it.

PENY is an example. It is almost back down to .01.

It is worth speculating on at this level. Buy it, sit on it and wait for the run.

So many of them ran earlier this year. They are still not back down near the 52 week low. I won't touch them till the get back down near their lows again.

Too, too much manipulation on the pennies from the companies and the MMs to speculate on the upside, unless you talk to management on a daily basis. Even then, it is like throwing darts.

If it is too good to be true; then most likely it is not true.

Patience is the key. If you believe in the company, the story, and the concept, then average down in a stock. If not, cut your losses and move on.
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