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Microcap & Penny Stocks : LA Group, Inc. (ONTV - formerly LAAQ)
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To: Americo Burgos III who wrote (813)2/21/1999 1:05:00 PM
From: Bill on the Hill  Read Replies (1) of 1140
 
Picking a momentum stock to me has gotten to be almost a mystical endeavor. It has become a whole body experience. I check all of the fundamentals and look for information and then get the feel of how it is trading. Once I have decided the stock is usually moving like a bolt of lightning and the excitement is intense. I have always been an excitement junky (hang gliding, dragsters, kayaks, whitewater rafts, fast snowmobiles, downhill skiing, rapelling) and this just adds to the venue.

For the big boys I look at the fundamentals, check the threads, look at the recommendations and then try to buy it on a pullback.

A little tiny one like this is easy to call. Early in is the key to it for me. I think if it stays around a dollar at the open I will probably try to pick up another 5k shares for trading. I will hold the shares I own for at least $2 - $3 a share and will sell half of those then and then hold for who knows?

Every now and then there is one that runs and keeps running. One out of how many? 25, 50, or maybe 100? I have owned a few that went up and away. PNLK, QWST, ONSL have done it and some have kept going. ONSL could be one of the KTEL's. Rather be on board than watching from the sidelines.

Hoping that all of the P and D's just work this thread hard today. 200 - 300 posts today would make me very, very happy. I bought Friday.

Bill on the Hill
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