WR, LB and Friends. <b>NO HYPESTERS OR SCAMMERS</b> Message Board

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Microcap & Penny Stocks : WR, LB and Friends. NO HYPESTERS OR SCAMMERS

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To: Wayne Rumball who wrote (1705)	3/8/1999 9:09:00 AM
From: Kimberly Lee	Read Replies (3) of 13776

<<You do not need to be the first one in a stock to get it at the best price. If there is a run there is almost always a dip. and if there isn't, well then forget about it and wait for the next train.>> Very true. As well, one does not need to purchase a stock at the best price in order to benefit from it. IHWY, BIDN, MRPS, for instances. How much difference does it make if one purchased IHWY at 3 3/4 or 4 1/4 when it closed at 7 1/2 the next day and then ran again as high as 12 3/4 the day after. In many cases, I usually wait for confirmation of strength to add to my positions. If you believe a stock is going to 10, it doesn't make much a difference if you pay 2, 2 1/4 or 2 1/2 for it, although in this bearish penny market, I would be more careful since runups are not as frequent or as strong as during the bullish cycles.

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