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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: Vegas who wrote (587)7/9/1998 11:38:00 AM
From: kbert  Read Replies (1) | Respond to of 5541
 
Vegas,
I fully agree with you.
I am always amazed when I hear this kind of posts:
"it does not matter what is your entry point if you are long..."
This is a joke.
Timing may be difficult or almost impossible, but it is the
only think which matters.
Archie.




To: Vegas who wrote (587)7/9/1998 12:37:00 PM
From: Capitalism  Respond to of 5541
 
My point was trying to time the stock going to 1/8 and risking not being in is far more of a waste than buying at 0.145 than 0.125. If you do not get filled at 1/8 and the stock goes to say 0.30 then you are talking an even bigger difference.

$1,000=0 shares @1/8
$1,000=6896 @ 0.145

In a year when the stock is at $10 the
difference would be 68,960-0=68,960

So it you tell me is it worth risking.


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