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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: bottomfish who wrote (13166)11/3/1999 1:28:00 AM
From: SSP  Respond to of 150070
 
My technique? LOL - just experience, like when I used to kick the football - when I thought too much about technique I always screwed up.

A stock with a forward event rumored or from a press release will usually make a couple of runs, first it'll get MOMO'D and then if the event unfolds correctly.

ie, PCES - in at .11 runs a few times - first to .55 then back to .30 then gets MOMO'd to .90+ I sold and bought back many times because the forward event still exists!!

CHES - bought a million shares around 1 cent - it MOMO'D to .18!

CSCA - bought most at .05 and it MOMO'D to .12 several times.

SNCG - just the feel and luck for the 10 bagger
Message 11105250
Message 11115293

MDHM - bought 500,000 at .07 in January - sold from .45+ down to .23 - forward event was the spring drilling and buyout hype - add in the "short squeeze" effect too LOL!

Just recently bought CHIP - 1 million shares @0.016 average, just for fun!
Message 11650920 - This will probably go pink, but will hold it in case something good comes around.

Many other examples - but one element usually holds true - a forward event!

Steve



To: bottomfish who wrote (13166)11/3/1999 2:38:00 PM
From: SSP  Read Replies (1) | Respond to of 150070
 
YNOTD - "What is it a crap shoot." - biz.yahoo.com

Sometimes yes LOL!