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Microcap & Penny Stocks : CMOZ, next cmgi -- Ignore unavailable to you. Want to Upgrade?


To: Buddy M who wrote (930)3/10/2000 1:24:00 AM
From: Toby Zidle  Read Replies (1) | Respond to of 947
 
Looking a year or two out, you can be sure only of one thing: the price then won't be what it is now.

If CMOZ fizzles, you've basically lost about what you would in option trading that didn't work out. If it takes off, you're in clover!

Basically, your strategy is 'buy it and forget it'. If you can really stick with that, you may well be rewarded. The difficult part of watching this stock every day is knowing the good profit you've made over some months is going down the tubes as the stock price goes through its frequent cycles. Then you say to yourself 'coulda/ woulda/ shoulda....' AND 'next time.....!' If you stay out of that trap, you may in fact do rather well.

Toby