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Microcap & Penny Stocks : ROLLING STOCKS

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To: Richard Reese who wrote (95)10/24/1996 8:21:00 PM
From: Daniel C Reasoner   of 233
 
I have read the book cover-to-cover and even took notes... check it out. The book gets one excited about trading. The Workshop fee is guarenteed, page 225 (you probably need a well established account with a broker).

Regarding Rolling Stocks... I looked at every, yes every, stock listed in this thread. I don't belive any of these stocks fit Wade's profile... most aren't rolling long enough. Correct me if you dissagree and I'll look again. They are all good volitle stocks, but not truly "rolling" by the definition.

Good job on NSCP!!... Don't get greedy now.
See the "Steve Sage's on Short-Term Trade" thread for good info on volitle stocks.

As Richard says for rolling stocks...
Use low price stocks ($5-15 is best)
Rolls every 5-7 weeks between the same high and low
Use large $15 million plus companies
High volume
High volatility
Lots of news, good and bad
Its OK to use bankrupt companies!?#$%@

The best example I can find is RCHF. Eventhough it's in the low $20's. Take a look at the last six months. It skipped a cycle, but it seems to be rolling again. There was some good news on RCHF this week.

Wade indicates the WIN service and the Workshop will provide his 20 current rollers, but it will cost you to take a peek.
Let's continue to list our rolling canidates here.
Regards,
DCR
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