To: Bill Murphy who wrote (2169 ) 10/4/1998 12:10:00 AM From: John Paquet Read Replies (1) | Respond to of 2505
Bill; I own many shares of these companies; namely; CWA >>> DML >>>>ITF>>>>>WRM>>>>BSW>>>>>MGD in terms of number of shares that I own in this order. I certainly hope that CWA will hit $6,00 by Y2K when gold hit $561.00 U.S. Then I will become multiple million CD$$$$$$$$$ man. I have been speculating penny stocks since 1980 and I trust that trading penny stocks[ gold penny] if I use commodity cycle or [gold] commodity cycle will become million CD$$$$$$$$$ man. The simple reason is that volume leverage like option trading but better than options cuz if penny stock not out of board there is no option expiration. But that volume leverage is so essential cuz each share will make money for you a very significant way. For example; if you own 2,000,000 shares of CWA today when CWA hits .50 you are readily A MILLION cd$$$$ MAN. WHEN cwa HIT $1.00 you are 2 million CD$$$$$ man. when CWA hit $6.00 you are 6 million CD$$$$$ man. etc...... Also, how important this large volume is I give you an example: When CWA hits $3.00 - $4.00 range, CWA may move 50 cents a day easily, you can even make ONE million CD$$$$$$$ in a day. However; speculating penny stocks still involves risks if CWA goes out of board, de-listed, or suspended you might lose the whole capital that you put it in exactly when you play options when option expired and your bet is out of money, the option is then no value at all. So that is why playing penny stocks is full of risks and full of dream and living in a fantasy world. For sure though; if you are not willing to take the risk, you are sure that you will not become a million CD$$$$$ man unless you win a lottery. I have been lucky enough for few times I have experienced that following commodity cycle is a sure thing. For examples, WEM, and PUG, and NWI ... were my successful ones. Finally, I don't put many eggs in one basket; normally 5-6 baskets to contain so many eggs just in case one basket out of board you still have 4-5 baskets etc...... John.....