Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: C. McD who wrote (357)	3/2/1999 10:03:00 PM
From: Jon Scott	Read Replies (3) of 19256

MRSP has lots of news/contracts with big names. I don't think you can just throw GM and Ford in your PR's without the right approvals. I think it's a great deal at $1.5. The risk is minimal, maybe 20% or so tomorrow. Additional news is expected Friday which will guarantee a decent return in 2 days. I picked up a little more today @ 2.25, and I mean a little. My account is in such hock I had to sell 150 shares of WCAP to buy 150 shares of this.Wish I had known first. Bad move. 90 day restriction kills me. Without that, I can buy anything when I want and cover within the 3 day settlement. Now I have to sell someting first. Kicking myself while watching XYBRW nearly double today. I've been following and trading them for some time and knew 19/32 was a great entry but couldn't do a thing about it. And missing out on TSQD now!! Oh, and regarding BANY. NDB told me they're reversing a recent purchase of that @ 1 because it shouldn't have gone through due to the restriction. Yeah, I had a rotten day!

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