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Microcap & Penny Stocks : ROLLING STOCKS

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To: Salim Ilmudeen who wrote (84)10/16/1996 10:08:00 AM
From: Willsgarden   of 233
 
Salim, by and large I agree that rolling stocks need to be monitored
and tracked carefully. I do take issue with the statement that infers
most rolling stocks don't have solid products and research available.
All my potential rollers must have solid fundamentals. I generally
look for companies with at least 3 year chart histories. I look for
companies whose trading range is dependant on supply and demand of
product, normal ebb and flow with economic cycles, and demand
increases in typical annual cycles. If anything, I hope that a roller
will break thru a resistance barrier Which does happen in hi-growth
sectors, but choose, and guard, my support level real closely.
Bill Monier
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