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Microcap & Penny Stocks : The Penny Lot "Learn to pick your own Stocks" -- Ignore unavailable to you. Want to Upgrade?


To: rodster397 who wrote (2)9/21/1998 11:52:00 AM
From: Retaylor  Read Replies (1) | Respond to of 11
 
Well, an important tip is to find out if the present price the stock is currently maintaining is considered high or low. Check out the historical quotes and find out what the all time low/high is, and what the stock usually averages at. This way you get an idea of what price would be good to get in at, instead of buying in when the stock has been pumped up only to have it drop and leave you holding the bag.

It is very important to find out the number of outstanding and restricted shares, and the float. This information can be found on there earning/financial reports. If they are not a reporting company I find this website to be helpfull, stockguide.com, in finding out about how many outstanding shares there are, name of transfer agent, address and phone number. This site has a section where they have informaiton on around 5000 pink sheet companies that otherwise would be almost impossible to find out about.

If a company is reporting, find out what there short and long term debt is, and how they are going to get funding for future operations, and what there future goals are and what circumstances will affect there future operations.

I hope these little tips will help out somebody in the future, and I wish you luck.

Best Regards,

Retaylor