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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: ksuave who wrote (4452)10/8/1999 2:18:00 PM
From: Drugres.  Read Replies (4) of 4650
 
2 cent spread is fairly wide in my book! That would be like a $150.00 stock with an Ask of $150 and a bid of $139.50! Who in their right mind would pay that spread? I wouldnt!
I am getting the feeling that pennies are not a trading option, their are a crap shoot plain and simple. A few get lucky but the majority just watch their temporary profits dwindle as they try to make sense of it all. Then they realize...there is no sense to be made of it. I think the only way to win is treat them like futures trading. Trailing stop losses, let the profits ride and cut your losses. Any feedbaCK?

dAVID
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