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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Katie Kommando who wrote (43755)4/18/2000 12:44:00 PM
From: Brad  Read Replies (1) of 150070
 
Katie,
That was an interesting article. The New Rules of OTC have certainly "thinned the ranks" and that might be good for investors seeking companies that really do have the potential to accomplish some good growth.

Perhaps it will make the OTC market a better place to find legitimate small companies. We have all probably been caught in our share of scams and the OTC has had many. (That's not to say that scams will cease, but maybe they will at least be reduced in number.)

Hopefully, the "thinned ranks" will be more rewarding for legitimate investors that do the research and are able to buy, hold and reap huge gains without tearing their hair out and losing sleep.

Maybe OTC can become a form of true investing rather than just being a legalized casino.

At least if a company is currently reporting, we have more information to go on and the company usually answers the phone (instead of those notorious "runners" whose phone has been disconnected).

MY INVESTMENT STRATEGY in OTC:
Careful research...
Calculated speculation...
Be selective...
Go long and add shares as company grows...
Continue Follow-up research...
Look for huge returns in the 10-50 bagger range...
Trade less...
Continue Follow-up research...
Never buy due to greed, Never sell due to fear...
Continue Follow-up research...
Target sells at a 10-50 bagger or better (depending)...
And be able to sleep nights...

$$$$$$$ZZZZZZZzzzzzzzzzzzzz
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