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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Bucky Katt who wrote (8122)5/6/2002 4:21:42 PM
From: Bob B.  Read Replies (1) of 48461
 
I agree with you. You can't count on support to hold. We have not been at these levels (VTSS)since 1996. We are in a no-mans land here. I will look for a double bottom to hold in the daily and then buy. Not till then though. I do think that for the long run risk/reward is pretty good at that point, even if another lot is needed to average down. I never average down however, until a stock reaches 30% less than my entry. Have to be patient these days.
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