Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: KevinThompson who wrote (2197)	3/14/2000 1:24:00 PM
From: Bucky Katt	Respond to of 48461

My thinking on the 5 dollar question is this, if the technicals indicate nothing is wrong with the stock, and t/a values are growing, then you have to stick with it, buy more on the usual pullbacks, as they all get a series of pullbacks on the way up. Look at them as buy opps, not sell opps. Once they cross $10, then you have to make the determination to sell or hold awhile longer. Of course, if you were trading in a 401 or ira or other tax advantaged account, you could just trade the dips & spikes, but if you have to pay the 40% tax on each gain, you are just better off holding as long as you can. There are innumerable variables to think about, so I try not to bother with them, just stick to what is working.... That said, the current state of the markets does not look good going forward, and the triple witch is just one variable, the other is the coming FED meeting and what might happen if we get a 50 basis raise. I just think this is a time to be especially picky.... Just one man's thoughts...

To: KevinThompson who wrote (2197)	3/14/2000 1:32:00 PM
From: Kevin Shea	Respond to of 48461

The $5 level also seems to be the limit for most protective stops.... thus anything below requires attention..( mental stops) .... could this $5 level offer any dynamic to the system - that's what I'm trying to determine. Scientific question.. What % of stocks (which have not previously been over $5) accelerate in price after breaking through $5 limit..derivative; Does the volume in the same issues increase dramatically (or noticeaby) after breaking 5...lastly, what % of these stocks break 5 then retest 5, or just under, - (thereby taking out all new stops) Consider ATMS .... that's what got me thinking....