Bill, another reason I stuck with SNCG initially was because of my success in a second BB stock. At the time I bought SNCG, I was also new to stock trading by computer and had never traded BBs prior to joining a penny stock listserv (I can't believe it but the name escapes me now -- it had a checkered history ultimately falling on the rocks of GIFS. You probably know it). It was there I learned of SNCG (recommended by The Phantom) & MUCP (recommended by Ron Reece). MUCP ultimately made me a substantial amount of money (I ran several thousand shares from the 2's to 12's) &, unfortunately, I naively generalized from that experience to SNCG -- did it once, can do it again.
I mention it now because while MUCP ultimately crashed and burned (after I got out), it has come back to life. In fact, it is quite hot now -- recently trading up from .50 to $1.50. Ron Reece mentioned it to me again at .50, but here my SNCG experience worked against me. Because of SNCG, I have vowed to not re-enter the penny world again (except that I have long held a pile of shares in MSHE, but that's another story of stupidity). So, I have only watched the run.
Ron thinks MUCP now has substantial potential (bringing the internet to Chinese TV) & much further to go. Against my better instincts, I'm tempted, but I haven't done anything yet. You might want to take look at MUCP.
Best wishes for the New Year, Kip |
