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Microcap & Penny Stocks : New Sky Communications (NSKY) -- Ignore unavailable to you. Want to Upgrade?


To: findstock who wrote (1674)8/24/1998 11:41:00 AM
From: myturn  Read Replies (1) | Respond to of 2601
 
If everyone is going to wait til news; the majority of them will miss the opportunity to pick up NSKY and pay any where from 100-300% more for NSKY.
The savvy investors are in and are here to stay. The one's that went to go chase a couple on Friday; I hope and pray they came out on top.

I used to chase stocks and 9 times out of 10 I lost 50% of my investment everytime I bought a stock that is up more than 50% for the day on high volume.
I use a strict guideline that I hold to anymore and it has been a major asset to my chasing stocks. If the stock is up more than 30% for the day on high volume; I will not touch it because profit taking will set in. If the stock takes a dip and I like the story or trust my resource, I will buy on the dip.