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Strategies & Market Trends : Strictly ..... Bottom Fishing -- Ignore unavailable to you. Want to Upgrade?


To: Tadsamillionaire who wrote (242)4/27/2007 8:28:02 PM
From: chowder  Respond to of 489
 
>>> So what do think of CNCN now? It is a bottom here.IMHO. <<<

Since you asked, I'll respond.

I'm not impressed.

It doesn't matter if it's seen the bottom or is ready to break out. It doesn't trade enough shares per day for me to get a normal sized position. It doesn't trade enough shares in a week for me to get a normal sized position.

This is why I avoid low priced stocks trading less than 1 million shares per day.

It doesn't matter if price jumps 100% if you don't have the correct position size to help impact your portfolio. 100% of nothing is still nothing, IMHO.