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Microcap & Penny Stocks : OTC:BB STOCK PICKING Challenge

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To: Old Stock Collector who wrote (4380)9/18/2000 10:51:57 PM
From: KZAP  Read Replies (2) of 17315
 
OSC, I don't calculate every single time, sorry if I'm not
doing the job as you think I should. If it's close I let
it go. Sorry I don't see the big deal. Nobody's life is
changed if I don't follow the "rules" by the letter are they?

You're one of the ones that argued that "rules are made to
be broken" aren't you? :o)

You're not on my "bad" side.

If a stock has a spread where the ask is 100% the bid, I
wouldn't call that a "win", would you? In other words, if
a stock is trading at .01 x .02 and it has 35,000 shares
trade, even at the ask, that's only $700 in dollar volume.
That's hardly worthy of winning the contest IMO. When there
were few stocks in the contest I would mention them in the
past, but with 20+ stocks on the average in the daily contest,
I don't usually mention the stocks with smaller gains in the
"winners" list. That's all.

The contest is for otc:bb stocks.
They need to be posted pre-market open.
They need to have at least 25,000 in dollar volume.

In the past I've sometimes includes pink sheet stocks,
Nasdaq stocks, stocks entered shortly after the market has
opened, and stocks close to the 25,000 dollar volume limit.
So I break the "Rules" sometimes.

I'm just running this daily challenge for fun and hopefully
we can find some winning stocks to make some money on.

Happy investing!

KZAP
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