Short Term Picks From the 'Whiz' Kid Message Board

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

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To: onlygains who wrote (2338)	2/26/1999 10:26:00 PM
From: David in Ontario	Read Replies (2) of 9115

OnlyGains-a quick $900 :) Well you can pay me back by answering this I've seen so many volume/price run up's into News and the subsequent partial sell off, that would this be a sensible strategy to play in the general sense? What are the probabilities of this type of strategy succeeding? What are the key indicators to look for in addition to volume/price run ups + elevation of interest which can be somewhat assessed by reading the relevant threads on SI and elsewhere? This is playing the stock very closely I'll admit, where all/part of a holding is sold following News to then be repurchased shortly thereafter at a lower price, if it retraces somewhat of course. It is very risky and I would appreciate your comments. The strategy would only work for stocks that have strong near- to mid-term upward potential I guess. If anyone else has opinions/comments I'd appreciate them as well. My view is that it's too risky and that you'll only end up losing in the long run. OG - it's best to respond to my alias so that I know you have something to ask/share with/tell me, otherwise I may not see it. Thanks, David.

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