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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: Ga Bard who wrote (1207)10/27/1997 12:36:00 PM
From: Jamessmith  Read Replies (1) of 8835
 
I did not mean to offend anybody. I apologize if I have done so.

What I feel is that we should look for some OTC BB companies with potentials like Intel and Microsoft back a decade ago. Without solid ongoing earnings and/or revenues, retiring outstanding shares really means little, as the management of a company has no idea how to expand businesses and invest the money and its value to stock holders is minimal like some stocks whose prices continue going down. In contrast, a company knows how to expand a profitable business, it should be fine if the company wants to raise more money from investors. Like FAMH, they borrow $ 1 MM to open two offices in Miami and Houston that can bring more than $25 MM revenues with $6 MM net income a year. This is what all blue chip companies have been doing. The key is revenues and earnings. Potential and growth with a company are fine, but with ongoing revenues and earnings, it will be a perfect company to invest.

Daily Trading on OTC BB stocks can be profitable and money losing, the chance is 50:50. You can make some money sometimes, but you can get burned. If you count the time you need to spend daily, I don't see any profitable. In my opinion, the key is earnings and revenues!!! Thus, you can trade with a short term gain and hold with a long-term gain.

Have good luck to all!

James
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