Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: james r. davila who wrote (7372)	6/26/2003 12:16:59 AM
From: LzzrdKing	Read Replies (3) of 7396

<<high tech cos that are priced at ridiculously low prices>> How do you determine that those stocks are priced at ridiculously low levels? The market sure doesn't see it that way. The way I see it, those stocks are priced at low levels for a reason, and it's usually not because they are market leaders. Penny stocks have a history of getting hot, but they are typically at their best at the end of a bull phase. I see more of them breaking down every day. Sure there are always ones that work, it's just not my thing. I prefer to buy stocks that hopefully, I can hold onto for extended periods of time. Examples of huge runs I have had are HITK MATK USNA MTLG. That is what excites me, scalping has never been my thing. In fact, didn't I ban penny stocks from this board years ago? I think so. good luck

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