To: Dixie7777 who wrote (1908 ) 5/4/1998 9:20:00 PM From: Mr. Taylor Respond to of 8242
Please, Call me Taylor. Extreme risk is not a criteria for me in picking stocks. It just usually works out that way. Companies like GE, IBM, and General Motors are companies that I would consider to be very safe investments. Very stable companies with a track record for growth. Anytime you go into the OTC stocks you are taking risk. When they make up more thank 20% of your overall portfolio (35% in my case you are taking EXTREME RISK.) So, if anyone out there falls within these parameters you are an extreme risk taker. With OTC stocks, unless you visit the company you don't know if it is a legitimate business or if someone is running it from his grandmother's basement. The best you can do is look at their market, analyze the numbers search the message boards, call the company and call Dion Warwick and Friends. (By the way did you know the Psychic Friend Hotline WENT BANKRUPT. If they were really psychic they would have seen that coming. Extreme Risk Level II This is where I will drop a small amount of money on a penny stock without having done any research. Usually because none exists. Example, 4 weeks ago, I put $400 on a stock called HCCA (Health Care Centers of America) at .01 cents a share I bought $40,000. Last week they announced that they were hiring a Public Relations firm to promote their business. The stock closed at .04 today. The $400 is now $1,600. I had a reverse experience with AETTQ Alliance Entertainment Corp. Invested at .31 sold a .19. Risk Level III Close Market Followers I look for companies that are not the market leaders, but are running in the shadow of the market leader and have good strong future potential. Example. I saw that Infoseek was priced much lower than it's peers Yahoo, Excite, and Lycos. Picked up about 1,600 shares at $10.33 The rest is history. Now to your question. The extreme risk of PNLK is that they are not even in the start up phase of the business yet. It is still in the concept phase. It sounds extremely good on paper, but I have not personally met the President. He could have conceptualized this in a mental hospital, and have plans to extend his business to have network business connections on Pluto. What overwhelms this risk in order to justify my investment is that. Is the idea. The idea is awesome, and it can be done. I just don't know if they can do it. So I am betting on a fighter that I have never seen in the ring before. But if they can pull it off, We could be sitting on the gold mine. At this point, I am playing with other people's money that I have made in the stock market. The way I look at it, it is not mine to lose. If I lose it all tomorrow, it was fun playing the game. Go get em guys/gals Taylor Made