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Microcap & Penny Stocks : Canadian Penny stock reporter

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To: Krikor who wrote ()3/12/1998 8:39:00 PM
From: Dan  Read Replies (2) of 9
 
Hi

I have been a subscriber for over a year. To be honest, I am a little disappointed. A couple of complaints:

1) They have picked some losers, like IMT on TSE, dropped from 1.45 at recommendation to approx. .70-.90 this month. Which I bought by the way.

2) They have picked some winners, but I have noticed that they seem to hang on to these long after they are no longer under $5. They even made the comment once that they would continue to talk about a recommended stock long after it hit $8 "because it is such a good quality stock". I didn't buy the newsletter for $8 stocks! I think they do this primarily to continue to boost their annualized return % (which, because of a few very good picks, is pretty good actually).

3) They sometimes stop writing about stocks that aren't doing well, even though they picked them as long-term buys.

Anyway, you may want to try it, but I'm considering dropping it. Maybe it's just me...anyone else?

Dan
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