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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid

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To: James Tilton who wrote (2025)2/25/1999 1:58:00 PM
From: BarbaraT  Read Replies (1) of 9115
 
James ... I am sitting with this stock. Going into my back closet where all the other "someday" stocks are sitting. Resist the temptation to buy any more unless some news comes out. It was a good momo play, but I did not get out in time (thanks to my broker, since I had a sell sitting "below" the bid for some time - but they claim that they have a up to 7 minutes to execute and the market makers have to have supervisor okay on 10,000 shares and up ... it should have been filled. But there is nothing you can do since market makers can even take longer on bulletin board stocks. They did not want to take the bid, and moved it down lower) - my suggestion is, if you are out - congratulations. IF still in like me, don't average down unless you hear something positive or see movement again in the stock. Some of these sit for a week or two, and then are picked up and run with again. If I see it running, I will post. None of my posts are intended to be recommendations. I post when I see momentum in a stock - I usually play it as such, with little or no knowledge. But I keep my buys limited so I do not risk too much in any one of these unless I know something about it.

Am buying ETPI - but that's a stock I have been in before and think has some strength in the company itself - fundamentals. They have news coming out on a continual basis ... but again, even though I like this stock and think it can double (has done it before, made money in this one a couple times) am still conservative.
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