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To: VBroady who wrote (3561)10/17/1998 2:12:00 PM
From: Jeff  Read Replies (1) | Respond to of 5908
 
To: BigTex (78 )
From: Jeff Saturday, Oct 17 1998 2:06PM ET
Reply # of 80

HOW TO MAKE HUGE "COIN" ON A HIGH RISK STOCK......

WITH NO "RISK" AT ALL.......

FIRST YOU HAVE TO REACH THE POINT OF " NO CONCERN"

lets take a little biotech gem like SGNC to use as an example.......

the stock is near its low.......in the past few month's it has climbed to over a dollar on news.......no news.......it drops to its low.......

strategy........buy near the low........when news hits........the stock will most likely double from this low entry point......sell half your shares...you are now riding "risk free" free shares......you have entered the point of "no concern.......

because there will likely be a news lull again........the price may of course drop......so what........you got your original investment back.....

as the price drops.....look for a solid bottom.......then plan to re-enter....lather-rinse-repeat.........

a high risk biotech........not with this strategy........

can you imagine holding 10......20....50 thousands free shares of this little gem........then one day next year they announce that they are being bought out at 20 or 40 dollars a share.......can you say "sha-winggggggggggg".......mucho denero..........coin baby

all risk free.........maybe it takes two years.......so what.......you have all your original investment back........you have no "coin" tied up......maybe it all falls apart........so what.......you should still get out with some kind of profit.........

yes SGNC is my biotech pick for coin in 99 ...........it could be worth billions if successful...........and if its not.......well... i will be at the point of "NO CONCERN"........

members.aol.com

regards

Jeff