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Microcap & Penny Stocks : ROLLING STOCKS

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To: mafort who wrote (70)10/12/1996 5:39:00 PM
From: Don Lachot   of 233
 
Look, I have no idea about Wade Cook. But I know that trading stocks works if you buy low and sell high. Most stocks "roll" just as Wade Cook says. Look at ALL the tech stocks last 24 months. They have gone nowhere long term, but have constantly doubled and halved, over and over. Now what if you had been brave enough to buy Intel at 48, or SMOD at 8 5/8 (twice), or OLGC at 6 1/2 (twice). None of these stocks are going anywhere in the long term as compared to a GE, but they do offer incredible trading opportunities. You just have to buy them when everyone else is selling them and vise versa.
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