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Gold/Mining/Energy : Software Gaming Corp. SGMS/CDN-OTC
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To: LORD ERNIE who wrote (1937)11/23/1999 6:19:00 PM
From: LOR  Read Replies (1) of 1968
 
Thank you for your opinion on how to handle penny stocks. Of course more sophisticated investors do NOT just dump money into a stock [ penny stock or blue chip ] WITHOUT and I will say it again WITHOUT analyzing a company's growth and performance potential AND establishing a TIMEFRAME for these important characteristics to develop.

Naturally, with volatile penny stocks [ ie. however, not dogs like SGMS that just sleep and sleep for months on end ] it can be difficult to establish exactly what the time frame should be and it will probably be necessary to adjust initial time frames as unforeseen variables will of course crop up. Nevertheless to work without time frames is in my opinion utter nonsense.

All the best,

LOR
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