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Strategies & Market Trends : Join stock club--Tang Fund

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To: Arthur Tang who wrote (126)4/4/2000 7:04:00 AM
From: Arthur Tang  Read Replies (1) of 145
 
Investment is always percentage gains?

Many years ago talking to a market maker boss in a full brokerage house; we discussed why there are products in the distribution of stocks. Stocks are separated into $100 product, $50 product, $20 product, $10 product and $5 product, then the penny stocks. The reason is very simple. It depends on the total nest eggs you have. If you have $1 billion to invest, you can not buy penny stock. Most of your investment has to be baskets of $100 stocks gaining 10-40% each year. If you have only $1 million, then you should have $10 stocks. If you have less, penny stock will appeal to you but you may lose all your nest eggs, due to the risks involved in badly managed companies.

Tang fund is based on fallen angels and badly managed companies for stock investment. By doing arm's length consulting using message boards, one can turn the company into a well managed company with growth and a bright future.

So far over the years, some companies came in to our expectation. We are maintaining their good fortunes on several message boards. We are also actively looking for more candidates for our style of investment.
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