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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?


To: E. Davies who wrote (9182)12/18/1999 4:53:00 AM
From: lakers17  Respond to of 9391
 
E. Davis...

I have learned there is a right way to play the pennies. My system works very well for me now. I just have to be patient(and then be patient some more), diversify, and for the most part buy near the 52 week low preferably in a low share stock. Although I won't make a killing loading up on a couple of stocks I have minimized my risks. With my new system I would never have loaded up on a stock like a did with BNEZ and before that USXP. A valuable lesson learned.

As far as the spin-off stock I'll attach a basis of zero to it and if it ever has a value and I sell, I'll consider it all profit. I'm doubtful these spin-off shares will ever amount to much. BNEZ really never did much or accumulated much as a company. PMA for the most part, what I consider their only real asset that had a future for the most part is in the shitter.

Lakers