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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Wes Stevens who wrote (4782)1/16/1999 3:17:00 PM
From: BANCHEE  Read Replies (2) | Respond to of 56535
 
Wes & all GRDN
Here is a stock that I think Trader J
brought up a while ago ( no sure if it was him).
Guardian Tech (NAS GRDN)
A stock to buy and hold for long term. Not risk free.
But in long run I think it can do good. Around 1.50
You could buy say 250 shares and when you have a little
extra buy another 250 and so on..fits in with the way
the world is today and right connections....do some DD
Remember A long time hold,,,,,Better off with this then
a quick buck BB...
Banchee



To: Wes Stevens who wrote (4782)1/16/1999 5:35:00 PM
From: Chris O'Keefe  Read Replies (1) | Respond to of 56535
 
Wes: OTC Spreads:

You wrote, <<I have found that to not be totally true...The spread on a $.10 stock will eat you alive.>>

That's what I was saying, too. I wrote "some of the spreads can be murder." We're agreeing, right? I don't have Level II so my interest in OTCs has been as a position or event trader, not as a daytrader. In fact, often the spreads are lousy on OTCs...


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