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Non-Tech : LCS Golf (LCSG)
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To: Chip Roos who wrote (499)3/23/1999 3:28:00 PM
From: CIMA  Read Replies (1) of 626
 
I'm not trading BB stocks for my health either. I accept the increased risk in order to make a larger return over a shorter period of time. The trading game (not talking about products and/or services) is no different than with the blue chips. The numbers are a lot smaller and therefore subject to much greater volatility. It takes a while to learn how to win more than you lose and you need the stomach for it. IMO there is nothing wrong with promo as it is part of the game. One needs to understand how it is used and when to get in and out of a stock while a promotion is on. The blue chips do it as well but on a much grander scale and with a lot more money. The insiders have to have someone to sell their bonus option shares to at the highest share price possible.
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