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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: Just-a-thought who wrote (2349)5/23/1998 12:03:00 AM
From: Pepper1  Read Replies (1) | Respond to of 11850
 
Thanks for everything..

I am indeed learning my lessons and try to move on..

I hope in time I will do good trades will outnumber bad trades.

I am starting to find my comfort zone on penny stocks and will stick to it..

Even think about write down pros and cons to help make analysis..

Won't get wrapped up again.. A Clear mind is so important.

Peter Lynch quoted ( in his Up one on Wall St. )

"You buy a stock because you see value in it. Any windfall is a bonus"

Regards,

SS



To: Just-a-thought who wrote (2349)5/23/1998 10:36:00 AM
From: Just-a-thought  Respond to of 11850
 
Morning,

What a difference a week makes!!

'ICVI' closed up 850% higher.....

From the close last friday!!

We have 'GUSTO'...!!!!!!!!!!!!

The last 15 minutes were 'Strong'.....

WE HELD!!!!!...

THE STOCK IS IN STRONGER HANDS!!!!...(sorry for yelling)...

REMEMBER:

NO STOP LOSS TRADES!'.....JUST DON"T!

People use them as 'baby sitters' while they go to work..

'When dealing with pennies "DON'T PLACE STOP LOSS TRADES".

......The MM's love'em, when a stock starts

To experience 'normal profit taking'..

(or any selling pressure)

They reach down and gobble up 'stoploss trades'....

( its a FREE LUNCH for them!!)

they then move the price even lower!!...(they love it!!)

They'll use limit 'buy orders' to make them look like 'SELLS'.

'walk it down ever more!!'...

Costs them some $, but if they can induce a....

'panic sell-off'...more than worth 10xs the price!!

"DON'T LET THEM USE YOU!"

There laughing at us all the way to the bank!!!

If we keep shooting ourselves, with....

'stop loss/limit' orders...(on pennies)

(who needs 'Kavorkian'!)

.... pretty soon we'll hit a vital organ!....like....

Our wallets or checkbook!!!..

Too many times at the end of a trading day we say 'OUCH'....

and wounder.....'What happened' to my stock!!......

This one reason as to what happened..

Just-A-Thought