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


To: Andrew G. who wrote (6780)2/23/1999 10:56:00 PM
From: Kimberly Lee  Read Replies (4) | Respond to of 11130
 
Andrew, so true. I never even bother to do dds on these micro-penny screamers anymore, besides talking to few mms and looking carefully at the intraday charts and technicals.

What kinds of dd can you do anyway? There are usually no threads, no posts (maybe a few), not even a phone number for the company. Just surf with the trend and stay very nimble with your fingers.



To: Andrew G. who wrote (6780)2/23/1999 11:54:00 PM
From: Dave Gore  Respond to of 11130
 
Andrew, I agree with the almost disgusting nature of these ultra teeny pennies. I watched 3 of them today and was amazed at how the MM's screwed around on BENF especially. It's amazing anybody could get a fair execution.

There is apparently zero DD that goes into these picks too. They seem more like a pyramid scheme than anything else...get in early or you may get screwed.

Of course the minute I say this BENF will be at $3.00 tomorrow...and I wouldn't have minded being in at .006 cents....LOL