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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?


To: Tom Allinder who wrote (2868)1/16/2000 12:24:00 AM
From: LANCE B  Read Replies (1) | Respond to of 4792
 
performance is unspeakable and yet you speak of it here.... man,,... what are we coming to here. LOL, What can you do but laugh?

ACTUALLY TOM- i got in a good nap..at 17-0 i went and made lunch
only to get 3 calls and watch replays of some hilarious plays..
the j.j johnson fumble might have taken the cake as too funny,but then the block punt,i still do not know anything about the second half because after lunch i WENT AND TOOK A NAP...



To: Tom Allinder who wrote (2868)1/16/2000 10:11:00 AM
From: Aj-Ruk  Read Replies (3) | Respond to of 4792
 
Tom: Just stumbled upon this thread and became intrigued by the dialouge concerning OTCBB stocks. One thing I have always wondered, and it may be taboo to discuss, how do you guys decide how many shares are a "tolerable" number to buy in an OTC stock. Tolerable, because this is more of a strategy question. It seems that if a person loads up on a .10 cent stock with say 50,000 to 250,00 shares it becomes very difficult to move out of it. Even as you watch your investment double ot triple, you would surely cause a massive sellout or "sway" by unloading for a profit.

This is assuming you are not of the belief that the given stock is not the next Microsoft. I am talking about just how large a position you can manage in an equity. I have found that $5,000 in one equity of this nature is about the max to comfortably deal with. I have always wondered about the strategy involved. I guess the biggest part of my question is how many shares are "too many".

Would appreciate the thoughts on this from you guys. Also, I became very interested in the volume surge of CCGR recently and am curious to threads opinions regarding that stock. (I would prefer opinions regarding CCGR were sent to me via PM. Thanks)