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Strategies & Market Trends : Take the Money and Run
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To: Augustus Gloop who wrote (13155)8/5/2002 3:42:50 PM
From: Dave Gore  Read Replies (1) of 17639
 
Penny stocks with real PE's. Big difference. And you are certainly right, there is some risk, but I peg the REWARD as up to 200% gain and the downside stop-loss risk as 20%.
That's simply my logic. If you are doing great and consistently winning using only point and figure, go for it. That's the bottom line.

I just haven't seen many make 30-80% gains lately in 2-3 days on trades.
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