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


To: Vegas who wrote (4290)1/18/2001 12:03:52 PM
From: American Spirit  Read Replies (1) | Respond to of 48461
 
On buying small cheap stocks. They're so volatile that it's a good idea to figure you need to average down if your buy falls. Just have confidence in your choice and the general pice range. That is my strategy with SCNT. I have been buying from 4 down to 2 7/8 where I feel it's a steal.
My ESHR has finally doubled from its bottom. Now at $2. So long as they're good companies with plenty of cash and they're not losing lots of money these littole stocks are still rare bargains. They can double SO easily. Just try not to buy them at their peak. Also looking to buy more LOR if it touches $4. It's in one of its typical peak of negativity periods after the Globalstar write-offs, but LOR's fair value is north of $10. Longer term much higher.