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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: cicak who wrote (9154)	11/5/1998 1:05:00 AM
From: E. M. Edds	Read Replies (2) of 44908

No, I'm not talking about daytrading. Rather, it's what we call "lunch money investing." Say I have $10000 in the bank, but I know I'm going to need it over the next 4 months. Often on SI, members of a thread through DD find out about future PR's etc. before the general public. Knowing almost unquestionably that the share price will increase (from these pathetically low levels), I take my lunch money and invest it. When the news comes out, the stock price reacts (say it goes up 100%), I sell out to regain my $10000 and have more shares in my long term holdings. If it weren't for the fact of knowing the news that is coming out, I otherwise would not have invested that money (thus, the difference from day trading). Realize, this is risky, as I will need my lunch money. But in situations like these, for me it's worth the benefit of gaining long-term holdings.

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