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Microcap & Penny Stocks : Trading 101

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To: Ga Bard who wrote (16)	3/9/1998 6:06:00 PM
From: BushPilot	Read Replies (2) of 406

After a month of sitting and watching and paper trading , I have come to the conclusion that mostly everyone trading pennies wants 500% + overnight. I have been sitting on some gold stocks that wnt south for over 1 year that finnally crept back and cashed in on a 30% profit I know that is nothing like some of the profits u are taking here. But the way some off these pennies fluctuate in a day you could buy and put in a limit sell up 30% and make a profit every day all month long it looks like to me. what is wrong with that kind of trading instead of holding out for the 5 baggers?

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