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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH)

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To: MTHONER who wrote (1605)3/12/1999 10:50:00 PM
From: Lennart Steiner   of 2153
 
Investing in OTC BB companies has always been an opportunity for above average gains accepting an extreme risk.

Friends of mine therefor are practicing the philosophy of building an accrual in their portfolios for pending losses the moment they invest in OTC BB stocks.

I never wanted to believe in this very conservative view of an OTC investment.

Today I learned to understand their point of view a little better.

Although I do not want to write off my investment in LEAH yet, I put this type of accrual in my portfolio.
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