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Microcap & Penny Stocks : SYCONET.COM (SYCD) THE NEXT AMAZON? GET IN EARLY. $.31
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To: mgland who wrote (1059)8/12/1999 10:33:00 AM
From: gizmo&jack  Read Replies (2) of 1413
 
Needless to say, I am disappointed about the last 2 days and wonder if I should have sold, but I agree with Loren S. ultimately. Maybe there are those out there who can daytrade successfully. All the power to them. I do so on the side with very little of my portfolio and am usually unsuccessful. Also, I wonder how many really do as well as I do holding on to gems like SYCD for the long haul. We will see. I find it very difficult to find diamond in the rough stocks like this that really have 10 bagger potential. They are rare in the first place, and finding them at the right time makes is that much more difficult. So instead of taking the chance to find another winner, I will stay with a proven entity. In the penny world, when you find a stock that demonstrates the ability to attract investor attention and move big, it usually is a good bet that it will do it again. History repeats itself. This is already the second run I've experienced with SYCD, each setting a new base for the next run. And without any news whatsoever. Holding for the long haul will not fail here. It is a question of opportunity cost. Can you pull out and invest in something else that will be profitable while SYCD gears up for its next run? And are you sure you will be able to get back in SYCD at a good price for the next run? These are the questions that must be addressed honestly by each investor. Good luck everyone. G&J
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