Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: stock leader who wrote (117920)	12/3/2000 5:47:47 AM
From: lee kramer	Read Replies (1) of 120523

Stock Leader: It seems that you're trading penny stocks based on a "fundamental" premise; that you find some safety in a stock selling below it's "cash-value." The problem you can run into is that a stock selling at say, 10% below cash-value can also and suddenly sell at 20% or 50% below cash-value. I think that it's best to trade primarily on technical analysis, with fundamentals taken into account. If you're trading a stock on the long side it "may" help if the company is fundamentally "solid"...and if you're on the short side it may help if the fundamentals are deteriorating. In the former case it may prevent or forestall selling, in the latter case it may induce or intensify selling. Trading well is a skill, an art. It's often unwise to rely too heavily upon a static strategy. Buying penny stocks at or below cash value may work for you at times...but like other strategies the market tends to humble those who think their strategy will always "work." It's an extraordinary game we play. I hope you're humble enough to trade wisely. (Lee)

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