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

To: Tom Allinder who wrote (28362)	2/16/2000 5:15:00 PM
From: Dave Gore	Read Replies (4) \| Respond to of 150070

Tom, you are right. There are lots of MOMO plays with almost no DD being done. It works for some I guess and certainly not for others who get in too late. Getting in too late is not the most terrible thing, if the Company is solid and hopefully profitable, but if it's a momo not based on solid fundamentals, that's where people, especially newbies, get hurt. I sometimes get criticized because my stock picks don't all go to the moon (at least immediately...LOL!), but I try to find much better than average companies based on fundamentals that are undervalued. Safer that way. Some cursed me on WINR, saying it was a slug, but it finally went from 46 cents in Dec. to $5-6 in January, mostly because of manipulation. Those that dealt with the manipulation (i.e. took advantage of the low prices) did real well, real fast. Personally I think momos are fine. We are mostly all adults (in age anyway) and if we have "mad money" or are playing with profits, why not? I am taking a flyer on VIPM and MVEE, based on Buy/Sell info and fully reporting status and a gut feeling. But I prefer the more solid picks like TEXN (owned and held over a year), KTNV, AVTI, JBRD, SETO, FVSN, ABID, etc. that are in good niches, are profitable or have great potential to be, have no major skeletons, hopefully fully reporting, and are undervalued, at least in my mind. Also, management is key - which is why KTNV, SETO (a slug right now), FVSN, and the others also work for me. So many stocks have run so high that I won't touch them. I think we should all be able to find good companies that haven't run up 300-1000% already. Just my take, DAVE