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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: Garden Rose who wrote (34011)	12/15/2002 4:04:54 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 59879

Garden, <<MXAM>> I can't advise on how many penny stocks is right for you. However, if you do start to accumulate, the block size for these penny stocks is typically 5k. Market makers see orders for more than 10k and their greed tongue hangs out. They will jack up the ask which won't hold after you buy. Accumulate slowly. Penny stocks can be fun because there is the potential for serious multiples. At the highs, volume with penny stocks is fine for profit taking without moving the market.