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Non-Tech : SLJB - Sulja Brothers Building Supply, Inc. (Bulls Board)
SLJB 0.000001000-90.0%Jun 4 9:43 AM EST

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To: Jeffrey S. Mitchell who wrote (1311)12/5/2006 6:50:48 PM
From: Qone0  Read Replies (3) of 1521
 
LOL, this is simply not true and misleading.

To make money on non-reporting pink sheets, the overwhelming vast majority of which go swiftly out of business

The vast majority of them never go out of business. They are simply reincarnated over and over again.

You need to find a sparsely followed company with a very low pps that has a good story you can hype to others.

In reality making money on a penny stocks requires no hyping on the investors part at all. The company will promote the stock as you can't sell many shares into down ticks. It's really quite simple all you have to do is follow 4 rules.

Rule #1 Yearly volume must be at least 1 million dollars per year.

Rule #2 Only buy at a 52 week low. The exact pps really does not matter. Just a 52 week low. They always go to the bottom before they go to the top.

Rule #3 diversify into at least 10 stocks,never more that $5k in any one stock.

Rule #4 Sell at pre determined stages.

It's that simple. Some will blow up and you will lose it all but overall 7 out of the 10 will run. I get a 70% ROI year after year using this very simple method.
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