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Microcap & Penny Stocks : Trading 101

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To: Ga Bard who wrote (25)	3/10/1998 10:58:00 PM
From: stockid	Read Replies (2) of 406

Well, here are a couple of tips I can add. When a stock is on a momentum run do not buy in on the first 45 minutes of trading. Why? Hot stocks usually gap in the morning and you might get caught at the top. I don't know how many times I've seen a stock gap up big...then fall back and then resume it's upward trend... Never buy on the third day of momentum...the daytrader's will have you for lunch. Use your common sense....If after doing your DD...you have a lot of questions about the company or you come up with more negatives then positives...DON"T BUY....Just like you found one hot penny another will come along...hell the last three weeks there has been so many runs...The lesson...there's always tomorrow. SK

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