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Strategies & Market Trends : PENY - Combined Penny Stock Fund

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To: Joe Copia who wrote (32)2/16/1999 9:16:00 AM
From: Lazarus   of 39
 
Do you realize that that the NAV of a closed end fund is...

...calculated daily and is based upon the value of the stocks it holds? It would not matter if the NAV said 10 cents per share when you read that.

I would be like figuring the value of your portfolio one day based on your APNT holdings having a bid of .035 and then the next day having a bid of .001

And joe I do realize that stocks are bought at their highs ... and if it a good stock it has a good possiblility of coming back up and passing through the high. AGRS CPIX APNT and other worthless stocks dont fir into that category.

It so happens joe that I still hold all but one of the stocks that I mentioned since the beginning of the year...and they are, with the exception of two , and that will change soon, all much higher.

As for daytrading joe ... you have no idea how I trade - unless of course you choose to believe everything I tell you.

Barginstocker
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