To: Daniel Miller who wrote (55 ) 2/26/1998 9:38:00 PM From: Charlie Langford Read Replies (4) | Respond to of 174
Daniel, I am new to the thread but have a little personal advice. One must be careful when buying "yesterdays story stocks", meaning buying stocks the day after a big rise is risky, especially for someone in school. Not every stock is a NETZ or a BAAT, many fall fast and hard the next day. What you want to do is find the stock before it happens. Scan the internet and check out every tip you read, no matter how big or small. This is exactly what I do and it has turned out real well. Heres a few examples of plays I have managed this past week or so. MDIN discovered at .155 and sold at .27 (way too early, ouch!!) ADGI discovered at .016 and sold at .044 NETZ discovered at .26 and sold at 1.12 ADOT discovered at .185 and sold at .38 I have an advantage that I sit here all day, which helps. Some take longer than others to develop, so patience is a virtue. There are many stocks here at SI which I feel are on the verge of breaking out. Read the threads and find one you like. Things I look for are stocks that have been beaten down on low volume, are at or near 52 week low, and still show signs of life(volume). I dont buy companies, I buy stocks. I dont necessarily care what a company does I just look at why the stock is where it is. I find it hard to rely on any info. on BB stocks so I don't concern myself too much with it. I thought SIDT was one for today but it never took off, glad I pulled off. P.S. I personally am skeptical of HNLY, I just wasn't convinced a good run was starting today. To those who are in it, prove me wrong, I wish you the best. anyway, good luck, Charlie