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Pastimes : SI International Ope' Stock Picking Contest -- Ignore unavailable to you. Want to Upgrade?

To: David Lawrence who wrote (1468)	9/24/1998 8:31:00 AM
From: BlueCheap	Read Replies (1) \| Respond to of 2640

In answer to your Question: If I have $10,000 to invest and I buy a stock selling for $20, I can only own 500 shares. If I use that $10,000 and buy a stock priced at $1.00, I can own 10,000 shares. If the $1.00 stock moves .25 cents, my profit is $2,500. The $20 stock must move $5.00 per share to make the exact same profit. The smaller stocks are more volatile , thus providing trading opportunities, usually in a shorter time frame which also provides more opportunity to turn the investor's cash... Good Stock Selection is a MUST and is the reason I personally ONLY buy a stock selling at or near it's 52 week low. Of course there are more criteria to this selection process. I created a Home Page just to help folks understand a strategy which completely changed my personal financial status and I only started with $7,000. Without using this strategy with that $7,000 and if I had purchased higher priced stocks, I do not believe I would be anywhere close to the success achieved A lot of what I wrote in my Home Page is elementary, written largely in part, for folks like I once was, an investor with a small amount of capital looking to increase that capital as quickly and often as possible... Here is that link if your interested. members.wbs.net Regards, Malcolm