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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Rande Is who wrote (1636)3/30/1999 9:24:00 PM
From: Baton  Read Replies (1) of 4766
 
Boy, that list looks familiar to me. I looked at nearly all of them. I recently decided to clean up my BB investing and sell the bad decisions. Four of the five had lost 40% or more. One benefit of just taking it in the shorts and moving on is that you put closure on a bad experience and start fresh. My new rules include rarely (if ever) look at non reporting companies and stay away from Canadian or Nevada companies. Avoid over hyped stocks (in general avoid any stock hyped on Bobz or Tradercents). I also now ask myself before I finalize the trade if I can live with losing most or all of this investment. Recognize the difference between "gambling" and "investing" and only gamble the money you are prepared to lose. Keep it in perspective.
Baton
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