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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (6415)3/23/1998 11:03:00 PM
From: Joe Copia  Read Replies (1) | Respond to of 120523
 
TO ALL PENNY PLAYERS AND POTENTIAL PLAYERS

some rules. NUMBER one is if you cannot watch them all day do not play them.

If you still want to play be sure you have the ability to set stop limits. PERIOD here are some more

f you are a new investor, please take a minute to read over these
guidelines to investing in penny stocks:

-NEVER invest more than what you can afford to lose.
-The best time to buy a penny stock is when its in a period of a narrow
trading at low price and low volume.
-Dont get caught up in the 'herd' mentality,
always BE A CONTRARIAN! buy when everybody else is selling, sell when
everybody is buying!
-The best time to get into the market is when it looks its worst. The worst
time is when it looks its best.
-Diversify your portfolio, dont put all your eggs into one basket.
-Always have some spare cash handy. (Slush fund)
-If you missed a trade, dont worry, there is always another.
-When your stock doubles, sell half thereby recovering your initial
investment.
-Dont chase a stock, let it come to you.
-Avoid high priced penny stocks. When a penny stock runs +100% in one day,
it can drop just as fast.
-Do not attempt to day trade without real time quotes.

Joe PTG&LI !!!

allstocks.com