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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (4333)3/24/1998 9:11:00 PM
From: Joe Basile  Respond to of 42834
 
RE:"He did have a disparaging comment about not getting rich
from penny stocks, I'm going to see if I cant prove 'ol
Bob wrong on that one--there are some pennies out there
which are a better bet than the Dow I think".

I wish you luck on your quest Mike. Bob's comments on pennies have proved to be correct in my case. 3 out of the 4 I've owned in my life, I lost 100% of my investment. The other, I lost 60%. Needless to say, I gave up on them a long time ago. I've seen some people make money, (and usually end up giving it back) but to outperform Bob's investment schemes over the long term is an unrealistic expectation in my opinion. Don't learn the hard way, keep listening to Bob. Good Luck.

Regards,

Joe



To: Mike McFarland who wrote (4333)3/25/1998 3:09:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 42834
 
mike, the only reason to invest in stock issues is b/c your analysis is better than others. the problem with pennies is that your analysis is only as good as your input information and pennies have a higher rate of flat out false information fed to the public.

i learned to never mess with the penny stocks. my analysis was superb on one penny and lost over 90% b/c garbage in / garbage out...