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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: David Sirk who wrote (6468)	7/19/1998 6:56:00 AM
From: Michael Bendner	Read Replies (1) \| Respond to of 43774

You wrote... >I compared Livetrade with Insider trading. Livetrade is a bit cheaper >But Insider trading looks much more sophisticated. livetrade does NOT >TRADE PENNYS. Hopefully Insider Trading does. I don't think The Executioner trades pennies either, so I wouldn't surprise me if Insider Trading works the same way. Not that it matters to me. Aside from the fact that I have ethical difficulties justifying making a living from the daytrading of volatile penny stocks (and adding to their volatility), penny stocks are much more difficult to daytrade than big board stocks in the $5-30 range (which aren't so much harmed by daytraders as they depend on them for liquidity). As I only buy penny stocks when I believe they have long-term investment potential, the instant in-out benefits of a system like ours isn't so important to me. I'll probably end up keeping my TD Greenline account for pennies and establish an account with Insider Trading specifically to scalp the occasional 1/8 or 1/4 off a blue chip or two. Your trading style may vary... Michael Bendner