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Strategies & Market Trends : Technical Analysis - Beginners

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To: Daniel Miller who wrote (8441)7/14/1998 9:15:00 PM
From: TechTrader42  Read Replies (2) of 12039
 
<<But usually I will try not be too greeedy and sell the penny stock with only about a 100-300% profit. Just to be safe.>>

Yes, it pays not to be greedy and to settle for a 300 percent profit. I completely agree. Mind you, I've arrived at this conclusion only after years of meditation on the knotty issue of self-denial. There are times when I'm still tempted to reach for the 10-bagger, but I give myself a good flogging and the temptation passes.

MPTV certainly looks like a good pick, by the way. It clearly has impressive fundamentals. I'm a little disappointed that it pulled back to 0.025 cents today, but the volume was over 7 million. I suspect it must be attracting institutional investors -- state institutions perhaps.

Brooke
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