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


To: Bidder who wrote (35928)3/12/2000 2:47:00 PM
From: myturn  Read Replies (1) | Respond to of 150070
 
Bidder, Bidder, I can't advise you what to do.

I'll tell you what I do. If I have missed the initial run of a stock; nine times out of ten, I will watch it trade for a couple of days to make sure that the run is for real.
If I still don't get and it keeps going up; it won't be the first time and it won't be the last time.

Prime example: CYPR. I missed the initial run all together. I almost bit on it the other day @ .32. I didn't buy it because it had run past my 30% rule and the MMs were not playing fair.

CYPR has pulled back all the way down to .17/.20. I have it on my watch list now. If it dips lower; it will signal a buy to me because, I believe it will be over sold at that point.

CYPR, I will take a large position in it if I see continued interest and volume in it.

NLXI, was one I missed the initial run. I waited till it pulled back. I was expecting it to pull back a lot more, but I saw all this buying coming in on Friday and that is when I bit. I got lucky on it. I will add to my position on NLXI if I see the volume and interest continue. I have yet to DD it.

I hope this helps.

Cheers

RG