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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: DONNA DRANE who wrote (5867)1/7/1999 11:37:00 AM
From: Don Pueblo  Read Replies (3) | Respond to of 90042
 
Good that you got out of the penny stock universe with some money left.

Rule #1 here is: no penny stocks. Why? Because we all have lost money on them. Hard earned money that is now in someone else's pocket.
Watch Tim, he is pretty sharp. Don't do something just because he likes it. Do something after you have done your homework.

The idea is for you to learn. If you don't, someone will take your money. And that's a fact.

Donna, you don't have to buy 1000 shares of ASND or XYLN to make money. If you were watching this thread last week, you may have gone long on ASND at around 65. It went to 71 yesterday. That is 10% on one share or 1000. You would still be long probably, and feeling like you had a good trade on a good stock. Ten percent in a week is pretty good. And ASND actually makes things that work and they actually report their earnings! <ggg>

Mr. Mighty Chicken and the other good people on this thread stand behind Tim (not real close, mind you) to keep the skuzzballs and the paid hypesters off this thread. Most of the people on this thread want you to make money and get rich. That's what we are trying to do here, not take money away from people.



To: DONNA DRANE who wrote (5867)1/7/1999 11:43:00 AM
From: BarbaraT  Read Replies (4) | Respond to of 90042
 
Donna ... many of us are cash poor and cannot afford to buy quantity. I was only able to buy 250 of both PAIR and OMPT, but if these go up my percentage gain is the same no matter how many I bought. Eventually it will add up (if we get enough winners) and we can then buy quantity.

Whatever amount you can buy, it is the percentages that count. And Tim's picks are very good - be careful of the Tmex and penny picks. Although when they go you can make a lot more in one day, they are usually momentum picks and if you are not "first in" you will usually lose. Tim's plays may not go up 1000% in 1 day, but they are safer and you can feel more secure that you are building a foundation.