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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose -- Ignore unavailable to you. Want to Upgrade?

To: Guy. who wrote (1809)	10/3/1998 8:07:00 PM
From: ksuave	Read Replies (1) \| Respond to of 4650

I've found such is life in the pennies, Guy. Ten percent may seem like a lot -- hell it is alot -- but some other issues I'm in have spreads like .11 - .20; another is 1 1/4 - 1 5/8; and I'm sure anyone who's been playing microcaps for a while can outdo those examples. You're right that it's outrageous but I believe that is part of the volatility that adds to the high risk/high reward ratio that draws us here. Whereas the large caps don't have those kind of spreads, they very rarely can go up 25%, 50%, 100% in a day. Owning stocks that have done so is why I'm still here. Best, Richard