Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Daniel Miller who wrote (5479)	3/18/1999 1:22:00 AM
From: Joe Pirate	Respond to of 9115

Check this out Just read your email and it sounds like a good plan. The problem with having a "high profile" on message boards is no matter how many people like you, there's one person out to get you. I seen too many online "stock leaders" under heat in the past 5 years. What is the ultimate ? The ultimate is making money in the stock market without being influenced by others OR recommending stocks to others on public message boards. If you can make money on your own, forget about all these people ! You need to ask yourself if you need the headache or the money <hee> Isn't that the ultimate ? Make money for yourself ? That is a low profile situation, no risk. I like giving out stock tips to my close friends so they can make money and since they are my friends I know they won't cause a stir. Another possibility is to establish your own private email list of people you know and trust, forget about posting stocks on public message boards, another low risk scenario. Another possibility when posting recommendations is to follow large cap stocks, it is less likely that a person will be labeled a P&D with large caps vs. penny stocks. Sure you don't make the gains as a penny stock (unless you play options <hee> ).. If you ever want to follow large caps and make recommendations, you may be able to avoid conflict if you make "ball-park" recommendations vs. absolute. Instead of saying "BUY INTEL at $110 and sell at $120" which is absolute, make a recommendation to "Accumulate INTEL in the $95 - $110 range and take profits as needed". Another possibility is to say "If I had the money, I would buy Intel 5 points below the 50 day moving average and sell 5 points above". It is all games.. mind games !! Never say anything absolute, you can get into trouble. Believe me !!!!!! Example, when I am bearish on a stock that I can't comment about publicly, I may show up on that thread and say "Looks like the tech stocks are headed for a correction, what do you think ?" VS. "SHORT XYZ, it's a piece of crap!! I have a friend that works there and this quarter sucks bad !!!".. <hee> Pirate P.S. Remember, think about your future and make M O N E Y !!!! $$$$ M O N E Y !!! $$$$$ $$$$$$ !!!!! Don't put yourself at risk !!!!!! B E C A R E F U L, too many online S H A R K S ...... that hate when people are successful and want to make it miserable for those making money !!!