FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 3.280

-7.5%

Jan 12 3:59 PM EST

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To: vic klimpl who wrote (4975)	2/11/1997 10:17:00 PM
From: OHL	of 41046

Vic, Speaking of investing in general, I believe that history shows that those with the longest positions in a good stock usually end up with the biggest dollar gain over time. Why? Because longtermers only have to time the market twice: the day they buy and the day they sell. Traders will eventually miscalculate the timing of the market and sell at the wrong time therefore creating a problem on the next jump up (fewer shares higher price). Traders will maybe win a few short battles on the monetary front but in a good stock they will likely lose the war. I think the key to the longterm success factor may be this: Pick the right stocks, Buy at the best price, Stay with it until you truly believe it hasn't a penny to move up and the next stock split is a couple of years off. gggg Generally I would say that the biggest obstacles to longterming a any stock are patience and lack of excitement along with the failure to understand the stock and its long potential. Question: How many times have you heard people say I bought XXX then sold then it went to the moon? There was something that they missed or they would've been on the lunar landing so to speak. D

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