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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Dnorman who wrote (20907)	2/21/2000 8:38:00 PM
From: Rande Is	Respond to of 57584

can you explain when a penny stock graduates and is no longer considered a penny stock? Yes, when it shows a year's worth of consecutive positive earnings or when it gets bought out by a major company. I have no magical price on penny stocks. . .like 5 or 10 dollars. . . .in my opinion, many stocks in triple digits are still penny stocks. . . . yet, I can name a stock under a quarter that have graduated in my opinion. . .have shown positive earnings for over a year and have been in business for over 10 years. OTC stocks almost NEVER become real companies. . .so never believe anyone that tells you otherwise and you will be correct 99.99% of the time. . . and that aint bad. Rande Is