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Pastimes : Why are the OTC-BB stocks dying??

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To: paulmcg0 who wrote (8)8/16/1998 1:12:00 AM
From: Fredman  Read Replies (1) of 115
 
My simpleton strategy is, if/when i do buy a BB, if it loses 5% in one day, or 8% over 2 straight days, SELL, because it is only starting to sail down to the bottom, and nobody knows where the bottom is or why it's going there (except the mngmnt on the inside). So far it has worked and i have limited my losses every time. Granted, i don't put $10,000 into a BB - my limit is $1,000.00 but it has saved my butt and cut my losses, which have (so Far) been made up on other BB stocks i am into. Like a lot of others, probably MOST others, i am trying to build up a capital base so i can go into the bigger NYSE and NASDAQ stocks. kinda like 'how do you get there from here ?'.....
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