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Microcap & Penny Stocks : AUTO - good valued co.in recession free industry

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To: broke2 who wrote (179)12/5/1998 5:47:00 PM
From: Dusty  Read Replies (2) of 205
 
Broke2, I agree 100% and the key is to buy when no one else is interested. Someone once told me the key to making money in the market is to buy when blood is running in the streets. Meaning of course to buy when no one else was buying and wait for it to come to you.

AUTO, is now a good example of that thought. I have been buying again since talking to Scott the president a couple of weeks ago. He sounds like he has some interesting things on the back burner.

The fact that AUTO is now OUT of the secondary car market is the thing that will signal a real turnaround for the company. IMO

Now is the time to accumulate as the downside risk is nil and the upside holds great promise.

Dusty :o)
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