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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (4054)	1/20/2005 3:45:26 PM
From: rrufff	Read Replies (1) of 8752

Thanks Reid - as I mentioned, over the past 4 years I've done very well keeping track of about 40-50 micros, knowing the risks. I have one of these that run every few weeks and mathematically it has worked well for me. It's exhausting as there are so many scams out there. A big gain like this more than offsets any losses, but one has to be very patient. This one is highly speculative but with only about 30 million shares, anything can happen. They have had contacts with FEDEX and others. One contract could dwarf the market cap. The day traders have it now and I guarantee most don't know about its potential or its risks. So at this point, wouldn't surprise me to see the company issue a PR tomorrow and it goes to .74, 52 week high. OTOH it could go back to .20. So, I try not to objective in my posts and tell everyone that the only way to play micros is to diversify and to do a ton of research.

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