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Microcap & Penny Stocks : SYCONET.COM (SYCD) THE NEXT AMAZON? GET IN EARLY. $.31
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To: SwampDogg who wrote (1011)8/10/1999 12:31:00 PM
From: Loren S.  Read Replies (1) of 1413
 
I think what we all share here is the love of penny stocks. The potential to see doubles or much much more in a matter of days. But beyond that I think we have much different trading strategies. I think they can all work in much different ways. Unlike most of you I rarely take money off the table at a double or so. I pick stocks in the first place that I feel have incredible upsides to begin with and I hold them until they run. And I ride their runs a ways and begin selling only after I've seen multiple returns. I don't hit that many stocks like this, but all it takes is one or two a year to put you well in the black if you pick them right.

Regarding SYCD, I have said for months that I feel that SYCD has the potential to be a $20 stock. While I'm not fool enough to wait only for $20 to take any profits, I have no plans to take any profits anywhere near $1.00. The upside potential is just too great here. And I believe the underlying solid company fundamentals will limit the downside.
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