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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Crabbe who wrote (23804)	4/22/2006 11:03:25 PM
From: Wallace Rivers	Read Replies (1) \| Respond to of 78959

Congratulations on your success with penny stocks. I have mentioned before on this thread that I have had my share of blow ups with stocks, one of which eventually ended up on the BB. I will also mention that I have had success with LTB&H stocks which started as small OTC NM or NYSE stocks; two of which, in particular, have multiples of gains which make me put a grin on my face, not in my pocket. I don't have the stomach to trade pink sheet stocks, nor do I find it at all easy to do homework on them. I still continue to believe that trading stocks such as INSQ.OB or VRDM.OB is little more than a crap shoot. It certainly would not qualify as "value investing" in my estimation. Not with a slightly better than a 1:3 current ratio, and negative net tangible assets, in INSQ.OB's case. If you choose to place a portion of your investment assets in stocks such as these, that's your decision, and more power to you.