Melviticus, Actually, it is difficult to find otc stocks which aren't just short term plays, and that's only because everything is heresay.. When you aren't a reporting company, what do you go buy? He said? She said?
Anyway, I really like the short momentum plays ;)... I have made some money, and I could have made a hell of alot more had I had more money to play ;). For example, netz was around 0.20 when I ALMOST bought it.
Now it's around 0.50 or so. SETO was around 0.30 when again, I almost bought it but didn't have the cash, now it's around 0.70. Of course baat was 0.26 when I considered it.... Some of these stocks have patterns that you can sometimes recognize. Another one today was CSMA, which dipped to 0.50, and I told myself over and over that this is probably as low as this thing would get, but did I buy? no, and of course, today it ran up to 0.92 and stayed there.. I keep a very large watch list of BB stocks, and I check them constantly. It the company is a "true" company I set my "personal stock monitor" to alert me when the stocks reach certain lows... I'm still new to this myself, and although there is NOTHING CERTAIN IN OTC's, you can get a pretty good feel on when a stock getting ready to turn around...... Of course with the undervalued dog lets the picks out, they do have runups, but the last 3 have been very short, and those are the ones that are hard to get out of in time....
Take care and happy investing.... Dusty |
