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Microcap & Penny Stocks : ROLLING STOCKS

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To: Salim Ilmudeen who wrote (4)8/26/1996 8:25:00 PM
From: Joe Lowe   of 233
 
Actual trades went like this:
CINE bought 5,000 @ 1 7/32 4/96
sold 3,000 @ 1 7/8 5/31/96
still holding 2,000 at avg cost of ~0.21/share....(can hold a long time at this price)
When stock gets above 3 (after Evita?) I'm out, waiting to get back in under 2
REN has worked 3 times!! Last sell @ 4(6/96), will buy tomorrow @ 2 7/8
AGY just got 2,000 at 5 on 8/20, had sell in at 6, but only got to 5 7/8. Still waiting to sell 1,000 @ 6
BPIE bought 3/96 5,000 @ 1 1/2, sold 2,000 @ 3 1/2 5/21/96 (good run on this one) still holding 3,000
avg cost ~0.18/share...now @ 2 1/2,
Using E*Trade w/ $19.95 comm each way, and NOT figuring Uncle Sam's share

Lucky Sometimes,
Joe
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