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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: H Peterson who wrote (18543)11/16/1997 3:06:00 PM
From: Skeeter Bug  Read Replies (2) of 55532
 
a good options site is cboe.com .

keep in mind that i buy options to LIMIT RISK. they are extremely volatile. i've quadrupled my money in a day and gave 90% back in 15 minutes! crazy. however, you can limit the risk of loss to your speculation. if you spec with 5% of your spec money (as opposed to investment money) in at least 3-4 companies and let it ride, you can play long term valuation disconnect themes. as a stock goes up (overvalued) or a stock goes down (undervalued) you can reload b/c you have 95% of your powder dry...

go to the ask michael burke thread and ask him what his options strategy is. he knows his stuff...
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