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Pastimes : Why are the OTC-BB stocks dying?? -- Ignore unavailable to you. Want to Upgrade?


To: paulmcg0 who wrote (8)8/14/1998 3:12:00 PM
From: Aquaman  Respond to of 115
 
Paul, thanks for that post, good stuff! I am new to OTC-BB area and your advise is welcome. I have read SI for years but only recently became a member so I could better research. EK



To: paulmcg0 who wrote (8)8/14/1998 9:19:00 PM
From: Joe Copia  Read Replies (2) | Respond to of 115
 
Very nice post.

Thanks.

Joe PTG&LI !!!



To: paulmcg0 who wrote (8)8/16/1998 1:12:00 AM
From: Fredman  Read Replies (1) | Respond to of 115
 
My simpleton strategy is, if/when i do buy a BB, if it loses 5% in one day, or 8% over 2 straight days, SELL, because it is only starting to sail down to the bottom, and nobody knows where the bottom is or why it's going there (except the mngmnt on the inside). So far it has worked and i have limited my losses every time. Granted, i don't put $10,000 into a BB - my limit is $1,000.00 but it has saved my butt and cut my losses, which have (so Far) been made up on other BB stocks i am into. Like a lot of others, probably MOST others, i am trying to build up a capital base so i can go into the bigger NYSE and NASDAQ stocks. kinda like 'how do you get there from here ?'.....