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Microcap & Penny Stocks : CAGI--A Sleeper Waiting to Wake Up!!!!

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To: Fran who wrote (664)1/20/1999 1:45:00 PM
From: The Flying Crane  Read Replies (2) of 1020
 
Hi everyone:

Just my 2 cents here. In the world of OTC-BB stock, IMHO, the best way to exit a trade is when the market is still bullish and trading higher. Yes, this is extremely hard to do because who want to get out when the upward momentum is there. Like the big players who deal with million of shares in the big boards, they also time their trade to get out during market run-up.

Thus, it all comes down to setting up price target to get out if you are a short-term trader. Of course, short-term trader will run the risk of getting out of a stock that still has a lot of upward momentum going for it. But this is the risk that short-term traders are willing to take.

Long term investors can just simply sit back and wait out the yo-yo effect of the price movement. Current up and down are only trees to them, they are looking at the forest that is changing by leap and bound. And for the record, I look at the forest, not the trees.

Prosperity to ALL!
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