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Microcap & Penny Stocks : BAOA Call Centers To Make A Difference

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To: lakers17 who wrote (791)1/29/2000 12:19:00 PM
From: Loren S.  Read Replies (2) of 833
 
<<I've got a 50% chance to win. It's going up or down. :) Same as all stocks. I like those odds. Better than lotto. Just buy at the floors and wait especially when your shares are free. I'll keep taking profits on the way up. It goes back down low enough I'll buy more.>>

Lakers,

All of us have our own methods of investing. I like the philosophy you expressed above. I imagine that it has made you a lot of money. I especially like the point about buying on the floors and waiting. Regardless of whether a stock is quality or junk, you can make money buying on the floors and waiting for good news or a pump and dump.

You, along with many others also have a good system of taking profits and riding the free shares. I don't really have a sell system although I am trying to adopt the philosophy of dollar cost average on the sell side rather than the buy side. But I will only begin to sell if I feel that a stock has reached a near term top.

I don't feel that BAOA has reached anywhere near a near-term top. Sure this could be a manipulation or a pump and dump in action (we have yet to see any pumping). But from my observation there has been a whole lot of buying and accumulation going on for some time by some invisible people. Many, if not most pennies, run on hype and the stock message board masses. BAOA has a very skimpy following so far. It is not hype and message boards driving this stock. It is something else.

I am hoping that something else is what Stockbarron is referring to in his posts on Raging Bull, SI and AOL. He has stated for months that the company has some major developments going on after the Super Bowl. Coincidentally the stock starts going up in volume and price the Friday of the week before the Super Bowl. Stockbarron has hinted that very big names and very big $$$ are involved with this stock. Now if Stockbarron's information is correct, what do you think is going to happen to the stock price once this information becomes public on a national scale? Do you think $.30 is a stretch? Personally I think $5.00 plus is a real possiblity here....if this all pans out as hinted at and if there are no negative surprises. So personally I am not taking any profits at anywhere near current levels. You only live once.
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