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


To: y2kfree_radical who wrote (55226)7/18/2000 6:04:50 PM
From: StocksDATsoar  Read Replies (1) | Respond to of 150070
 
Then marry him.....



To: y2kfree_radical who wrote (55226)7/18/2000 7:13:58 PM
From: myturn  Read Replies (1) | Respond to of 150070
 
Patience is the key to investing. Being able to stomach the down ticks and the big swings in the OTC is tough even for the most experienced investor. It is even tougher for those who are playing with money they should not be using in the OTC market. No, I am not pointing the finger at you. I know nothing about you or your investment style. I am just stating how I believe one should approach investing.

If you believe in the story, management and its potential, then you average down. If not, you cut your losses and move on. An example, VITC, in March I sold only 10,000 shares above $1.00 when it made that run back in March.
I proceeded to not sell another share as it continued to tank below .30 less than one month later. I kept buying all the way down. I believe management is going to make a go of it and I believe it will be trading between $5-$10 within the next 6-12 months.

CLYC will be fine. It is only taking a breather today. Too, too much upside for CLYC at these levels. It was up nearly 1000% from where it was a month ago.

Be patient, I believe CLYC is a winner.

Cheers

RG