SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : SEXI - What can we learn from this experience

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BeauBear who wrote (6)10/20/1996 1:42:00 PM
From: Linda Brandt   of 22
 
My suggestions are:
1. Don't fall in love with any stock
2. Take a profit if the stock goes way up like SEXI did and at least sell the portion to regain your initial investment.
3. Most BB stocks watch carefully, buy when you notice an upward trend just starting, sell on the run-up. Don't be greedy, and wait for more, take your PROFIT.

If Steve and me had taken our profit on SEXI we would have made many, many, many thousands of $$$$$, but instead we broke all the rules, we fell in love with the stock, didn't sell on the run-up, and now instead have lost thousands and thousands of dollars.

4. Be very wary of companies that pay promoters with shares of the stock. You end up buying after a run-up, and these promoters, OTC, SGA, to name a few, then dump their shares and the stock price plummets.

Good luck to everyone and I hope we end up getting some of our money back

Linda
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext