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Microcap & Penny Stocks : ProNetLink..(PNLK) -- Ignore unavailable to you. Want to Upgrade?

To: Thomas DeMille who wrote (4692)	5/17/1998 9:36:00 AM
From: Thomas DeMille	Read Replies (1) \| Respond to of 8242

Why is everyone so concerned about the party? What does the party have to do with anything? Who cares who was invited to the party? Who cares how much they spent on the party? Does anyone really think that they should not have a party after a successful launch of the site? -=tGd=-

To: Thomas DeMille who wrote (4692)	5/17/1998 12:06:00 PM
From: Lucky Lady	Read Replies (1) \| Respond to of 8242

Mr.DeMille, welcome to PNLK. Successful investing takes more than good luck. (But it helps!) For a new investor you started in an aggressive mode. BB stands for bulletin board stocks. They are generally small start up companies which are not yet ready to be listed on the NASDAQ. They are often referred to as "penny stocks" or "microcaps". They represent high risk investing. Their financials are generally not audited and you can't go to the SEC to review normal listed company reports. It is hard to get information. There is a great deal of hyping by many people with various motives. DD is a challenge. That was the point of my post. Don't risk what you can't afford to loose and don't get carried away by the hype. A good strategy in penny stocks is to sell enough to cover your costs as soon as you can and let the rest ride as pure profit. Then take that original investment and selectively put it in another company you believe in and repeat the cycle. You will be building a portfolio with profits--and less stress--that will grow over time. Day trading on ups and downs is very risky! Most people loose. Also it is the investors who support business and make our system great. Day traders often enter a site and try to pump up the price of the stock with hype. Then they sell driving the price down resulting in sales by insecure investors and the cycle repeats itself. Day traders seek the profits of the investors--along with the MMs. This process makes it difficult for the company and its investors to get to the big boards. (To file for the NASDAQ it takes 30/90 days at $4, 300 shareholders, a certain amount of liquid assets, audited financials and a SEC filing,etc. Then the analysts and brokers can evaluate the company and it can take off with positive buy recommendations. Then your DD is easier and the risk is reduced.) The attraction of this form of investing is the # of stocks you can purchase due to the low cost. Buying $50 stocks, it takes a while for you to reach $100 to double your money and you are limited in how many you can buy. With a good company whose stock is $o.50 you can control many shares and potentially triple your money in the short run! My favorite BB stocks now are PNLK, DGIV, ITKG (MARK WILLIAMS THE CEO POSTS THERE),IASCA (for the antenna)....I also hold some GLOW and GLCP. I hope this helps...It takes hard work, good instincts and yes some luck! GO PNLK! Lucky Lady