Thanks TraderGreg!
As many who keep up with TG's reports and other comments
regarding investments in the penny stocks and their price range.
I find it very interesting some of the facts which have presented
themselves over the course of the contest. Although it has
only been six months. The changes in winners and losers
has been interesting. I note the rise in ZULU (formerly
knows as NETZ) ZULU was a favorite stock of mine. (I continue
to follow it.) A real roller coster. I 'rode' it from .18 to
a point where I started selling @ 1.45. Since that time I
bought back in and sold a few times. But that is but one of the
possibilities of making money in penny stocks. The losing investors
have been, from my own observation, the ones who sell at the
wrong times. Of course, I (almost) always sell on RS news! RS news,
seems to at least, be the #1 short term stock killer! JMHO
CSMA had a run very much similar to ZULU. ZULU is going up again
as noted in TG's latest report. CSMA, I believe, will be listed
as a 'big winner' of the week in the very near future.
Another thing to consider is the prices at the start of the contest.
Although SETO is 5th in the contest, on MY chart it is first!
I have tripled on this Gem of a stock! And find it to be one of
the strongest penny stocks in the contest. JMHO
Again CSMA started in this contest coming off a 'high'.
I can't follow all the penny stocks, I believe there are about
6600 of them, but if it were possible, the results of the first
six months of this year would be similar. IMO From TG's latest
report, the % gain is dropping but is still positive, up 14%.
From my own experience, I would be in great shape with my penny
stock portfolio, had it not been for 3 stocks which the management
decided to pull a RS and seemingly (IMHO) deceive their stock
holders. Had I not invested in those 3 companies, my profits
for the last six months would be up approx. 40% overall.
Now, this does not factor in paper profits & losses.
In the past six months I have 'found' stocks that I will invest
in without hesitation and will hold long term. SETO is one,
ANTX, MDMI & CSMA are others. I am, of course, invested in others.
I may trade in and out, but don't want to be out the week they
are listed in TG's report as "big winners"!<g>
One more note: ANTX is about to RS. Why would I still invest?
It is, IMHO, just a different kind of stock. Much like Saturn
is a "different kind of car company"! <gg>
Happy investing!
KZAP |
