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Microcap & Penny Stocks : Sound Works (SOWK) -- Ignore unavailable to you. Want to Upgrade?


To: Tom who wrote (241)2/16/1999 11:07:00 PM
From: kennny  Read Replies (1) | Respond to of 582
 
I have read dwlima notes on various stocks in the past and he knows what he is talking about. I know nothing about this SOWK so I'm not up or down on it. But I will tell you that dwlima does bring up points to consider. When ever you look at any BB stocks, you MUST use CAUTION. Believe me, several years ago I lost my ass on one and so did several friends of mine. BB stocks are high risk and all points must be considered.
It seems to me that the way to make $$$ on most BB stocks is to get in and out fast.
Once again, I don't know enough about SOWK to judge.
Good luck to all,
ken



To: Tom who wrote (241)2/17/1999 10:34:00 AM
From: dwlima  Respond to of 582
 
Here is a tip. Buy an index fund...one that mimics the S&P500. it has been beating out money managers returns over the years. annually, we have seen a compounded rate of 20% or so. It has been a great return and much less risky than holding any one or a few stocks.

Do yourself a favor and look up Bulletin Board Fraud on the net. You will see articles regarding severe price manipulation and that 90% of these stocks lose money year-after-year. If you like i will post these articles for eveyone's benefit. i am not short, not a basher, just a voice of reason....and i get upset when i see people PM me with a HOT BB STOCK TIP and they lose 1/2 their money in a day...i mean in minutes.

Happy Gambling!
DWLima