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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES
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To: proud dad who wrote (2662)1/8/1999 6:44:00 PM
From: Michael E. Baldino  Read Replies (1) of 15987
 
I was not aware that a stock reccomendation required
a release of a "PR" shortly after. Look at what this
company has to offer as far as the product and/or
service. Looks good to me short or long term.
I have yet to see anyone be really accurate about
when news and "PR's" will be released. These things
can be delayed for any reason. It would be nice for
a change to be in a stock when the news hits instead
of trying to chase. Personally, unless someone has
inside information, comments like "News tommorrow"
or "Big news coming" "The news will be big!" are
speculation...and not a great method to invest by.
I have two portfolios a real one and a fake one.
The real one is about dead for trying to play the
penny game. The fake one has 26 stocks - 16 sold
at a profit, 5 of the remaining are above what I
paid....2 picks that are now questionable...3 that
are hovering at not more than a 12% loss.
thats it...these pennies make people like me to
impatient so we jump from stock to stock trying to
catch a ride up. That's it Im out...got my MDIX...
if it dies so do do I...will put funds back into my
account then trade the way I do in the fake portfolio.
out of 25 penny trades, I have one penny victory
24 losses.

Lets see what happens, I am lucky I did not buy
at .30!!!!

---mike
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