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Microcap & Penny Stocks : SYCONET.COM (SYCD) THE NEXT AMAZON? GET IN EARLY. $.31 -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (1050)8/11/1999 5:28:00 PM
From: gizmo&jack  Respond to of 1413
 
Honesty, fuddle, how many times to you lose money on your day trades compared to making money. Only you know, but I have an idea. You are flat out wrong about how to make real money in the penny stock arena. The best way is to find beaten down undervalued stocks that were beaten down for no rationale reason but rather because people employ trading strategies like the one that you suggest. That is how I bought SYCD at .32. One other thing, now that SYCD has been noticed without any news whatsoever, what do you think is going to happen to its price when the next successful PR comes?



To: SwampDogg who wrote (1050)8/11/1999 5:39:00 PM
From: Loren S.  Read Replies (2) | Respond to of 1413
 
Fuddle, you say the only way to make money is to trade in and out of stocks like this. I say phooey. I got into this stock in Feb. at an average price of $.40. Make Money got in before me so I know he is a devotee of this stock. I also know he was loading up in the $.30s. So he took some profits in the $.80s after a six month hold. I'd say that's a pretty successful investment. As for this continuing to fall to the $.70s, all I can say is...we'll see. Follow this stock and see where we are a month from today. I'll lay odds the patient buyers and holders are going to make a heck of a lot more money on this stock than the traders. Watch it.