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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (817)	2/19/1999 9:49:00 PM
From: Joe Pirate	Respond to of 9115

I have been watching penny stocks for years and sometimes it just gets frustrating to see nothing happen or your picks sink. The old saying that goes around with stock vetrans is "95% of all penny stocks are losers and go nowhere". Bahh... who cares, as long as money is being "had" that is what matters. <g> BUT, there is an alternative to penny stocks!! You get the penny stock excitement, ie, small price, big movements and the companies are GREAT and well known. What is this ? OPTIONS ! I love options, you can buy options on your favorite GOOD company and have the leverage to make a killing. The cool thing about options is this. The price of your option is being driven by the underlying stock that the option belongs to.., so if you watch the stock move, your option will follow. (up or down). Now the trick to being successful in options trading is trying to guess the direction of your stock and guessing the direction of the stock market. <g> Everything is out in the open with options, your stocks is showing weakness, sell your option. If your stock is showing strength and/or the market is doing well, hold the option and milk more $$$$ <g> Options -> penny stock excitement without the penny stock risk. Links; cboe.com e-analytics.com (short-cut to options here...) e-analytics.com Pirate

To: Daniel Miller who wrote (817)	2/20/1999 2:09:00 PM
From: stock bull	Read Replies (1) \| Respond to of 9115

Daniel, I'm new to this thread. However, I've been an investor for a number of years, but never in the penny stocks. I would like to get some information on the following: How do you get quotes on the penny stocks? How do you get research data, short of calling the company direct? How do you buy these stocks? I'm not sure my broker (Schwab) handles these stocks...would have to check with them. Thanks for the information. Stock Bull PS: Saw your interview on CNBC and was impressed with how you came across.