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Microcap & Penny Stocks : AMEN Looks Pretty Good
AMEN 505.00+0.2%Dec 12 12:43 PM EST

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To: Chris Odom who wrote (349)12/9/1998 8:56:00 PM
From: LTK007  Read Replies (1) of 627
 
Buy low sell high:) My central discipline with internet stocks is
buy only when they are coming off a bottom,or better yet to buy in anticipation that they will soon be coming off a bottom---once a stock is running I never chase,and also I lock it profits early rather than be sorry--I bought BAMM at
3.5 and sold at 8,and then did not chase--I could have made a lot
more,but I ain't that smart---also with AMEN I bought at 4.5 and sold
at 13--and NAVR I bought 5.5 and sold at 13.5---in all cases I could have made more,but I compensate by going with enough shares to turn a
a significant profit even though bailig early---but I am not saying I
will in anyway maintain such timing,as LUCK IS A PART of stocks---
but it is just an example of one person approach---I share this because I see to many people jumping unto the upward spike and getting caught at the,or near the top of the pyramid---if a stock is running wildly upward resist the temptation to buy---the old adage is "Sell
on hype,and buy on Panic" is a good luck.Max90
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