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Strategies & Market Trends : Dawg's Place -- Ignore unavailable to you. Want to Upgrade?


To: Jim TenIron who wrote (1642)7/23/1999 12:15:00 AM
From: Junkyardawg  Respond to of 2751
 
THanks Jim
I will look at that one and put it on my list.

dawg



To: Jim TenIron who wrote (1642)7/23/1999 12:35:00 AM
From: Junkyardawg  Read Replies (1) | Respond to of 2751
 
Just to let everyone know:

BB's are very risky. 99% of the people that invest in them
lose and lose big.
I do not do BB's. My rule is not to buy a stock under $5 unless
I have some solid information.
Now I know I bought and put out NCES as a pick at 2 15/16 but I
had a very good source on that stock. And even when we found out
that the buyout fell through I posted it on here as soon as I
found out. As a matter of fact I put my sell order in on that stock
real time and most of you could see my bid on the screen.
If you got in that stock and got out at the same time I did you made about a 12% profit so most of us did pretty good on that one.

In my opinion stick with quality stocks and you will be left standing
when everyone else is shaking their heads wondering why they are broke.

With that said... I am not putting out RDOX as a buy. Besides with
the past month I have had anyone would be crazy to buy a stock just because I did because I have had a terrible month.
RDOX is my pet stock. I think most all of us have one of those and it is mine. I have a very large amount of shares in that stock and of course I am bias as to the outcome of it. Just because I think it will do well does not mean it will. All BB stocks are very risky and I strongly advise everyone to stay out of them. If you have made a good amount of money in the market and want to put a very small amount in a bb to play with that is ok but I would be careful.

I don't want this thread to turn into a bb stomping ground.
Let's stick with quality stocks that are beaten down for some reason or another. IF you short stocks that is fine to. All shorts are welcome even on BB stocks.

Good luck to all
dawg