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Microcap & Penny Stocks : IMMD - ImmuDyne
IMMD 0.215-2.1%Jun 21 5:00 PM EST

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To: JP Jouver who wrote (769)3/20/1997 11:31:00 AM
From: Irene Lynn   of 1249
 
Jape...let's take it one step further...diversify OUTSIDE of pennies too!...Don't think you are gonna get rich JUST by the pennies...sooner or later...greed is gonna get you. One needs to get into other aspects of the market...ie; mutual funds, blue chips, secondary, options. Also, one needs to take emotions out of investing to be successful. I have learned this by investing in pennies last year and taking a loss and trying to make it up too fast. It's easier to loose it faster than to make it back. If you trade on percentage gains and use discipline with sticking with a plan that works, even though it looks like your stock will go further but you already made a your target percentage gain, don't get tempted to divert to making more of a gain cuz especially with pennies they can tank faster cuz of hype. You're better to take profits and if you do like the company, wait for the pullback....all pennies have pullbacks and do blue chips. I think you would be more successful. THAT has worked for me for 1997. I learn from my mistakes in 1996.
Irene
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