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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: David Sirk who wrote (1441)3/25/1999 12:05:00 AM
From: Mike Parker  Read Replies (1) of 1979
 
No reason to stress too much on this stock IMO

Sure, I am as disappointed as everyone about their missed deadlines. However, I bought into this stock expecting to ride some waves and stay long. The last time that I tried to day trade these OTC stocks by the charts, my 10k shares of KANA sold at my .32 cent limit making me a whopping $1600. The only problem was that it was on its way to $3 dollars. Bummer Man!

When WOOD starts to climb, I will only sell enough to cover my investment and tuck the rest in my long portfolio.
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