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Microcap & Penny Stocks : ROLLING STOCKS

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To: Salim Ilmudeen who wrote ()	8/25/1996 12:08:00 PM
From: Joe Lowe	of 233

I'm not famaliar with this guy or his book, but I use a variation of this method. It has worked well in 95 and 96, but not so good in 94 (did anything?). For example, I've been buying REN (Rollins Environmental Services-NYSE) 2 7/8, selling 1/2 at 3 7/8, rebuying @ 2 7/8. This method gets my hard earned $$ back to me, while I end up owning the stock for free. AGY (argosy gaming) NYSE is another play=buy @ 5, sell 1/2 @ 6. Cinergi (CINE.O) also worked - buy 1.25 sell 2.....ever try this??? I'm wondering if a penny stock PLTK.O - Plastic Recycling, Friday traded 54,000 shares @ 1/16, would be worthy???

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