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Microcap & Penny Stocks : Trading 101 -- Ignore unavailable to you. Want to Upgrade?

To: David Parkinson who wrote (227)	5/17/1998 10:07:00 PM
From: Ga Bard	Read Replies (2) \| Respond to of 406

Accumulation is the buying of stock on a regular basis. for example MIDL I have been accumulating for months on Fridays with the gain of day trades and so forth. Here is a site where you can see the accumulation and the dates where the volume increses each week. tradepbs.com Answer to all your questions: Each investor needs to decide the range of accumulation with MIDL anything under .75 is accu,u;ation an on the MIDLP anything under $20 and with the P anything under .20. But those are my accumulation ranges and I have rode them all to the floor so in a sense you could say I am average up. Averaging up ... Is the purchasing shares of the same security at successively higher prices. When averaging up, the investor accumulates an increasingly larger position in a security while keeping the average cost of the position lower than the security's current market price. Such an investor will earn significant profits only if the stock price continues to rise. The investor will suffer substantial losses if the stock price quickly drops after he or she has established a large position at increasingly higher prices. Now before you start accumulating one you best know as much as humanly possible on this OTC board and I mena know it very very well. GB