SI
SI
discoversearch

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.
Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (22717)3/26/2000 9:55:00 AM
From: Larry S.  Respond to of 53068
 
susie, good luck if it works. you hear of the great wins in penny stocks, but no one want to mention the wipe-outs. i don't do pennies. there are too many great companies either doing great things or selling very cheap for me to mess around with that stuff. good luck larry



To: Susan Saline who wrote (22717)3/26/2000 9:59:00 AM
From: Susan Saline  Respond to of 53068
 
last years penny plays ... these are from one account
so not all of my penny trades are listed. This is not the best of the penny plays ... as I have traded many more for day trades in other accounts
These represent less than 1/10 of the capital I use for trading due to the RISK involved

it is just one ... of the many ... ways to make money



SME 75%
NTN 119%
TREV 19%
GBFE -8%
VVUS 22%
INFO 6%
SSAX 8%
ISCO -27%
AAM 23%
BGO 12%
LWN -9%
PPO 17%
SME -72%
GW 15%
TLSI 20%
IMON 14%
IMON 34%
IMON 5%
IMON 37%
APM 41%
AIPN 88%
SFCFQ -100%
RECQ -100%
VVUS 37%
VVUS 10%




To: Susan Saline who wrote (22717)3/26/2000 2:18:00 PM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
Sue you make excellent points and the proper warning on the pennies
but overall is this a profitable venture for you over time and if so are the %/$ returns greater than playing in other stocks?

edit
just saw your % returns
total total was this a plus $ wise?
and if you add it all up want roughly was the %

thanks, just trying to get a feel here

as to the Z trades you are dead on
I have not done much lately
for a while we were fully invested and someone bought with cash as soon as we had it; I chose not to compete
then for a while I was sucking wind on my picks while others were gitting 10-30% a day; so I backed off as I felt like an old mangy dog
right now I can't find much for new ideas
I'm trading at least 50% short these days (doing real well) and have next to nothing for good new longs (my fault)
but this will change real soom IMO
I hope

gggg