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Microcap & Penny Stocks : AREE - Formerly TVSI -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (2622)	5/11/1998 8:46:00 PM
From: Tom Allinder	Read Replies (1) \| Respond to of 6528

This is the great thing about pennies... With on $2000 or so you can go out and buy several stocks (a boatload of shares each). Now if you buy 10000 shares of a .03 stock, you have spent $300 dollars leaving yourself $1700 to spend. Now...what is the downside risk? You can lose $300 at most... no more... the stock can only go to zero (0). It's not going to go negative and someone come looking for you because you owe the broker money. Now, if you buy 6 stocks at an average price of .03 They all won't go to zero. One may , 4 won't move but all you need is for one to pop and you have had a good day. This doesn't happen on "real" stocks. Besides you can't get the same excitement on NYSE, NASDAQ stocks as you can on pennies. Anything can move a penny up. A post on SI can set a stock to running like a scalded rat. A news release that really doesn't mean anything but sounds good (and is often misinformation) can send one of your pennies into orbit in a matter of minutes. I don't trade pennies to make money. I trade pennies for the same reason that others go skydiving, drag racing, treasure hunting or cave diving. It's the pure adrenaline of the experience that keeps me at it!!! Tom