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Microcap & Penny Stocks : bgix (biologix international )

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To: Tadsamillionaire who wrote (339)4/10/1999 1:33:00 PM
From: ezXit  Read Replies (1) of 498
 
be careful with stop loss
on OTC stocks ...as the MM can walk this down to create a sell off and get those stock losses and create a sell off ....i was watching the rise the last 1/2 hour ..the MM weren't getting anybody to sell to them ??i think they need shares ? now they can very easy create a sell off to pick up shares if everyone puts in stop losses plus the drop in price will shake out weak hands ....if you do put in stop loss i suggest you do NOT put up all your shares ..... and be very careful of a market stop loss as the MM will take advantage of it on a small sell off ......
take a look at www.onhealth.com and www.healthon.com
onhealth (onhn is at 18.00) healthon (hlth is at 50.00) then look at www.thehealthchannel.com ......then tell me where you want to put a stop loss ????? there will be some profit taking at some point ??
but with a healthchannel IPO coming up ?? i would hold on to some shares !!!!!!!!!!!!!!!
happy trading with strong hands and many profits
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