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.

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

To: Richard Mazzarella who wrote (34019)	12/15/2002 8:46:36 PM
From: bdog	Respond to of 59879

Richard, "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. " pretty good advice Richard, now, imagine MXAM at 2 dollars... you get to buy the thread cigars!!! as far as TA on BB's there was a post by BubbaFred on the Dog House thread to which i somewhat subscribe to, (i can't find the thread, they musta changed their name), but it went sumsum like this... "The only TA that works for those pennies and zombies, is when there is a spike up, which invariably, 99% of the time, after 2 to 5 days, price will go down to where it was before the spike. That's the only TA that works. However, when company has merit, it will go up again, after it makes 1/2 to 2/3 retracement. Otherwise, if full retracement is made, forget it, as it will stay dead for awhile, or until the next wave of hype." its also fun to have your portfolio go up 50% in a day because it closed on the ask...>g< i call em Hype and Kype bbdog