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Microcap & Penny Stocks : VLVT (was CSMA)

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To: TraderGreg who wrote (7341)5/29/1998 6:23:00 AM
From: jan_mike   of 11708
 
I like it. Kind of a built in confidence interval. What I was kind of thinking for a fun thread was to envision a penny investment program. Take a token amount like $100 a month and try to find one worth company each month to make a permanent token investment in. If you guess wrong, you're not out anything. If you pick the next MSFT, you make a ton of money, beat everybody who tries to trade it, and sleep nights during volatile periods. Having a consensus choose seems to improve the short term odds of picking winners. I don't know any thread that has a continuosly running theme like that. Most penny threads, newsletters, email clubs and individual investors are looking to either make an immediate killing, or get a dime on a million shares. A thread that can examine any company in any field with a theoretical $100 at stake shouldn't attract much hype, and shouldn't produce much of the tunnel vision you get from XYZ thread. After all, even if it's a horrendous pick, it's $100 and off to next month's selection. A thread like that would have a hard time taking itself too seriously, so it could be fun. It would also allow free reign to examine trends, technologies etc. in the natural flow of conversation.
It would be easy to tabulate a vote a month, and easy to track them for years. Also makes a good home thread for poetry, songs, seasonal greetings, recipes, impersonations etc.
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