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.

Microcap & Penny Stocks : Dollar and Under Sleeper Stocks -- Ignore unavailable to you. Want to Upgrade?

To: busdriver who wrote (5159)	3/7/1998 9:23:00 PM
From: Bill Bech	Read Replies (1) \| Respond to of 8835

ANY GOOD PICKS FOR THIS WEEK? IVE BEEN WATCHING LFZA

To: busdriver who wrote (5159)	3/7/1998 9:35:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 8835

LOL there are a lot of books on DD and the opinons of traders. However they focus on listed stocks. OTC is an egnima to the listed trader because they do not understand it. Problem is most thay are non reporting because you can't dig up obvious dirt on them. Which is a benefit to certain OTC traders because you start a rumor to replace the lack of solid financial information; 90 lag in SEC filing is extremely dangerous in those that sre reporting; the ever growing touters or spin doctors being compensated by PR firms, regS paid to PR firms which they sell as buyers buy it up; shorters, (Yes shorters you can short an OTC and if anyone doesn't think so then they're more naive than most); MMs tactics (which has caused numerous solid stocks to never go anywhere) such as delayed reporting making buys look like sells; etc. etc. etc. Now what do you research, well not one investor I know has not fallen for a pretty picture that later was not defined by the company and I can name 3 that I have black eyes on myself. Experience is all I can tell you. Learn who to follow and who not to. Learn charting, TA and FA. learn trading dynamics, Trading is like any other industry and 1000 times harder to learn. Just when you have it figured out you learn you knew more the day before than you knew today. Reason you learned something new. You can not expect to make money in this arena by just following the touters. Study stocks that go up and why. Paper trade for a few months. Never put all your eggs in one basket UNLESS you are positive of a companies future and then still don;t do it. Try to find 4-6 companies that have a minimal downside and unbelieveable upside. Stocks that are ina loved industry that retail brokers will want to invest in. IKAR was unloved and unnoticed and I started a thread on it a few months ago. Well any compnay once it defines itself is the key. Heck I could write a book on the OTC. Would probably call it "Slaughtered Sheep" I personally trade by rules I have learned and stick to them. RARELY does one of my stocks turn into a BAAT or NETZ because they have to have fundamentals. Now sleepers like DMEC just to grab one wake up and instead of BTSing people bail and it comes back down. Once the company defines itself accumulation should start. Now that when you make big money. Read BTS because no matter how savvy you will get caught sooner or later and lose money. The key is to develop principals and guideline and stick to them. Make 1/2 your portfolio solid longs (stocks that can once defined get off this blasted arena), 1/4 BTS stocks like DMEC, POKR, ICVI, NRPI, etc etc etc that always go up and fall back down and wait on them. Then last 1/4 are quick buck momentums and daytrades. Take the profits from the BTS stocks and quick buck to support the longs you hold. BTS takes care of itself and releases the mental worry unless you just flat out are clueless at what you are doing. LOL Gosh I better shut up I am starting an unedited book. Just read, learn, be skeptical and most of all use common sense it will save your backside. Happy Trading GaBard PS excuse poor grammar, typos and what not.

To: busdriver who wrote (5159)	3/8/1998 9:12:00 PM
From: Mike Sawyer	Read Replies (3) \| Respond to of 8835

Busdriver...and all the others that want an education on OTC stock manipulation...Search out and read everything you can, by a guy named George Chelekis. He's a long time professional stock trader, paid promoter, and author of many very interesting articles. You'll find people that scream that he is a crook and won't read anything that he writes. But those people are missing the boat! There's no better place to learn about stock manipulation than from the manipulator himself. I really enjoy reading Chelekis' articles but George has been involved in some legal battles and has apparently closed up shop on the Net for a while. I have not searched for copies of them in a while but a quick search turned up a couple that I'll link to for your enjoyment...I wish I could find online the 150 pages that I printed from his site but it seems that it's moved or removed. It's a real eye-opener! Anyway, here's what I found tonight... mypage.direct.ca pawws.secapl.com