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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (910)12/9/1998 5:51:00 PM
From: Wayne Rumball  Read Replies (3) | Respond to of 11130
 
couple weeks ago, (maybe more) i was thinking to myself that i was neglecting this thread, mainly posting high priced stuff on the squirrels thread.

then lance showed up and pulled me back over here.

probably the swings between threads will continue in the future. it's just sometimes i really can't find any good pennies to buy. it's good to have someone else to help.

every moring i go through a whole pile of research on 20-30 stocks to try and find one to buy.

1 scan is for stocks $10 and under, one if for $1 and under. good $1 and under are hard to find, but often we're looking for a double, $1-2 50%, $ 2-10 it's nice to scalp a few points, or a buck if luck is with us.

for any that don't know I know lance from several months ago, and at that time i trusted him. he can make mistake and i can make mistakes, but he's on the up and up.

lurkers, don't be afraid to post something that looks like it'll run, i can only do so many scans and investigate so many stocks.

keep the crap away however.



To: Wayne Rumball who wrote (910)12/9/1998 6:19:00 PM
From: LANCE B  Respond to of 11130
 
that is the one thing i had to learn about
the otc penny stock,once a stock runs,there is
no steady ground for it to land on no matter how
well you think the company is....i was not that stupid.
i managed to get back my investment and think i could
play these shares for free..but ,i did not think that
these shares that i held on to would bottom like this..that is
what i was not use to.......
take for instance one of my favorites stock ......qwst......i constantly sell qwst everytime it hits 44, and buy back everytime
it gets to 39......of course in july it went to 25.......that was sweet.....