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Microcap & Penny Stocks : Perle Systems - Who wants to talk? PERLF -- Ignore unavailable to you. Want to Upgrade?


To: Scott H. Davis who wrote (26)2/25/1998 2:04:00 AM
From: HeyRainier  Read Replies (1) | Respond to of 248
 
Scott, I am in uncharted territory. I have never owned a stock as illiquid as this. On one of my regular visits to the bookstore, I found a book titled Investing in Small-Cap Stocks. It seemed an appropriate and timely addition for my library, so I bought it. It's in line after about 4 more books, so it will be a while before I get to it.

The most important tip that came to mind:

-- Buy and hold, as it avoids the pitfalls of trading costs, illiquid stocks, and mistimed leaps.

Also, one factor that comforted me was that I needed a sleeper stock, and so far, this seems to fit the profile. While I'm doing all my job interviews and so forth, I needed something that I didn't need to monitor so closely (though I do). There's more answers to seek, and this company is providing me with some wonderful lessons in research. I will try and contact the company again (actually, I will fire off an email, so there will be no miscommunication and the timing factor will be eliminated, not to mention it's free).

I'll keep you posted.

Regards,

Rainier