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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Dave Shares who wrote (191)11/25/1997 6:49:00 PM
From: CO  Read Replies (1) of 27968
 
OFF TOPIC: TO: Perry Macd

I received your e-mail today. I assume that you read this thread, so I will just answer your questions here, as others may have the same questions.

Your e-mail:
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"Cheryl, I usually invest in larger cap stocks. I have always been leary of BBs and the scams involved. You seem to know your way around these small issues. Are you an individual invester? If you wouldn.t mind, what type of work do you do, and where are you from. Watching from a distance," Perry

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I am just an individual investor. I am a retired, small business person. I spend a lot of time each day doing my DD on stocks. Yes BB's can be risky, that is why I spend a lot of time researching them. I like to look for ones like FAMH that have a lot of potential and then try to find out as much as I can about the company.

I am always trying to find more stocks like one I bought last January. It went from around .80 to $6.00 - $7.00 in 8 months.

I lost a lot of money learning BBs and so I can understand the difficulties people have trying to make money on BBs. My advice to anyone just starting to invest in OTC-BBs, is to practice with a "practice" portfolio at home and see how you do before you jump in with both feet. It is an entirely different arena than large cap stocks.

There are a few good "gems" out there, but you really have to do your homework.

Cheryl
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