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Strategies & Market Trends : Wire to Wire Daily Stock Picking
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To: Jeffrey L. Henken who wrote (1580)7/15/1999 12:40:00 AM
From: Katie Kommando  Read Replies (1) of 3514
 
Jeff . . . I truly think your thread here is one of the best on SI. In fact, I have now only been posting here and on specific stock threads.

I like your idea of having different categories by price, but I have mixed feelings about excluding sub-.10 cent stocks. I expect that my future picks will be over .10 cents so it won't affect me directly (both my winning picks were over .10 cents), however, some very legitimate companies are below .10 cents. For example, JNNE was below .10 cents not too long ago. We all could think of many others. On the other hand, many sub-.10 cent stocks are junk. In fact, maybe the majority are junk. Such is my dilemma.

I would offer three possibilities. The first possibility is to have a sub-.10 cent stock category and those who wish to participate can do so at their own risk. Others can choose not to participate. The second possibility is to exclude sub-.05 cent stocks. Most the recent garbage has been below .05 cents. The third possibility is not to have a sub-.10 cent category and if someone else feels strongly about it he/she can start a new thread.

In the end you need to do what you feel comfortable doing. Follow your conscience. You have a great thread and if you think changes will make it better I support it.

Katie K.
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