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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (1014)3/9/1999 9:49:00 AM
From: stu fabian  Respond to of 4766
 
Rande:
MANY thanks for the information regarding "investing" in OTC pennies. This post should be required reading b-4 anyone invests. You have taken DD to a higher level!! Trading for me is temporary while I send out resumes looking for "real" work. After reading what should be done prior to making a decision about a stock, a 9 to 5 job seems to be a much easier way to make a living......again thanks!!
Stu



To: Rande Is who wrote (1014)3/9/1999 9:56:00 AM
From: JCinTC  Respond to of 4766
 
Rande,
Excellant post.

JC



To: Rande Is who wrote (1014)3/9/1999 10:14:00 AM
From: NoWhereMan  Respond to of 4766
 
Going to print this out. Thanks!

robb



To: Rande Is who wrote (1014)3/9/1999 10:17:00 AM
From: Moosie  Read Replies (1) | Respond to of 4766
 
Great post, great advice, just wish everyone would stop lumping us Canuks all into the same mold.

moosie



To: Rande Is who wrote (1014)3/9/1999 11:25:00 AM
From: Brad  Respond to of 4766
 
Rande Is, Excellent post! And thanks for the "adj" tip for using the SEC site. Sure helps save time.



To: Rande Is who wrote (1014)3/9/1999 12:18:00 PM
From: SDakota-98  Respond to of 4766
 
Not sure how I was directed to your post but I must say...EXCELLENT READING! Thank you for your insights. I've copied it and will pass it along to individuals I know.
Thanks again.
SD.



To: Rande Is who wrote (1014)3/9/1999 1:01:00 PM
From: Howard C.  Respond to of 4766
 
Excellent article indeed. Puts OTCs in the proper perspective.



To: Rande Is who wrote (1014)3/11/1999 11:20:00 AM
From: Rande Is  Read Replies (1) | Respond to of 4766
 
By special request. . . BEFORE YOU BUY AN OTC ISSUE. . .

Message 8220832

More Scammys that reach beyond the stock exchanges:

Message 8224576

Rande Is



To: Rande Is who wrote (1014)3/11/1999 12:47:00 PM
From: Jon Scott  Respond to of 4766
 
Came upon this summary and it is excellent.
Thanks for putting out the effort.



To: Rande Is who wrote (1014)3/12/1999 12:38:00 AM
From: Andrew G.  Read Replies (1) | Respond to of 4766
 
Rande: 'The Basics" post is a fine piece; albeit a bit cynical. But I think that it merits at least one qualification; namely that it is for 'investing' in OTC penny stocks. For those who are position/swing traders or day traders, all that really matters is the following:

1) Stock has a buzz around it on the message boards
2) Volume and share price escalating
3) Upcoming news or rumor of major news coming
4)Substantial availability of IR or company rep confirming upcoming news & general health of company.

As painful as it is to admit, there are many questionable companies out there that have had major run ups based on the above and traders stand to make or break fortunes based on those criteria alone. To a certain extent, even investors, depending on their investment objectives may find some truth in this contrarian outlook on stocks.

The honest to goodness truth is as I've said before: Valuation is subjective. On any given day a company is worth no more nor less than what investor SENTIMENT sets it at.

It's great to do DD if it makes you feel better, but time waits for nobody when your trading.

Best wishes to all.