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Microcap & Penny Stocks : NRAG-NorAm Gaming-Winning The Battle

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To: flightlessbird who wrote (53)9/28/1997 2:22:00 PM
From: Ga Bard   of 441
 
LOL ... I agree but that is me. Here is something interesting...

My Opinion about MOMENTUM BUYING: The problem with Momentum buying is getting caught at the top.. I prefer stocks with a base and someone answering the phone at least. No offense but there are a lot of stocks being promoted and I hope everyone makes a killing on momentum buying ... I just prefer not to since I am trying to build a solid portfolio.

I believe in the near future they will be rules and regulations frowning on this type of trading and a few folks hyping these stocks catching innocent new investors will be ... um ... dealt with.

For the next four to six months I believe there are screen names that are targeted for investigation for hyping momentum trading with flase information for the sole purpose of raising a stock price thus manipulating the market or negative posts to drive the price down.. Generally when the government establishes a Caucas then it would indication a full investigation has already begun and sufficient evidence has been acquired.

Trust me there are plenty of shareholders that have been nailed that are supplying plenty of information to this congressional subcommittee. Everyone should use their heads before trading.

house.gov

Just my opinion and as I have always said "Trade what is right for you not on what others say or do." Now no longer is the merit or potential of a company a consideration merely the momentum of buying power. Think about it.

GaBard
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