SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Wire to Wire Daily Stock Picking -- Ignore unavailable to you. Want to Upgrade?


To: Senicko who wrote (2299)7/25/1999 11:15:00 PM
From: Jeffrey L. Henken  Respond to of 3514
 
Steve these stocks are tremendously volatile. Those people who hold them too long may indeed find that the only thing they have left is their pride.

That being said on a short term basis many small stocks offer a superior opportunity for a tremendous percentage gain. I still would stick with only a small investment over a very short period of time. It's still hardly risk free but there are ways to minimize the risk.

I try not to buy a stock that is over extended technically.

I try not to buy a stock that gaps open too much.

I try not to buy a stock that is trading too close to it's previous highs.

This applies to 52 week highs and also to all the other categories by which a stock is measured.
.

When one is discussing a very small non reporting company as an investment opportunity I have found that the less you know the better off you might be.

I have lost a bundle holding too long!

Thanks, Jeff