DrBob: I briefly looked at your pennies. Didn't like much of what I saw. Bad year last year, you understand. Most of the stocks you are researching aren't even on the NAZ. Yes, you can do quite well with DD. But most stocks that don't or can't make it to the NAZ eventually fail or simply never do well. I don't think you need me to tell you that. I'm not partial to most of your prospects because 1) very difficult to get fundamentals 2) TA is difficult with pennies or impossible 3) 4-8 employees turns me off (I've lost extremely rapidly when unexpected news comes out) 4)industry is in declining phase 5)declining earnings 6)etc.
Of your selection the ones that passed first muster are NAVR, VDOT, ADSX AND STPW. (Not to argue that DD could not reveal other possibilities)
Here are some ideas on other pennies. There are a lot of dead dogs in my portfolio. These, though, seem to have a heart-beat. They weren't pennies when I bought them. If any of them pass your muster would you please let me know? Ditto with any proved dead. Also, it would be nice to know what you finally decide on your prospects.
AIRG.OB, AZTC, ECNC.OB, EPOS.OB, HCEN, MESG, PBRR.OB, SPAZ.OB, XOXC.OB
Thanks, DrBob, and many thanks for all your work. Invaluable help to me. My only regret is I wasn't around earlier when you were on Raging Bull.
Kleht |
