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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?


To: SteelerStu who wrote (12029)4/17/1999 12:07:00 PM
From: Dave Gore  Read Replies (2) | Respond to of 15987
 
CLARIFICATION: Hey there are many stocks like RDIM, XNET, TLTG, etc, that are good ones (and probably WASP although I don't know it).

We all have our favorites. Like anybody else I can only really know a few of them and so I try to get to know some really well. I narrow the odds that way to ensure success better. I porbably do better DD than most on SI.

For this thread, you guys are looking for really timely stocks, so I mostly mentioned those with news coming this week and/or who have had heavy volume increases on Friday like KYOM.

The stocks I listed are ones I know well and have DD'd with others. Stocks that can come back from mo mo players who dump after they take profits is usually the sign of a really good one. MRPS, for example, has come back several times after DT's got out and is looking really good from both a fundamenal and TA level.

I just wish that stocks mentioned on SI by people were a little more DD'd before people put them out as picks. It's great to make money, but stocks that won't drop drastically and get lost forever, as soon as the mo mo players dump, would be nice to see more of.

SYCD was kind of one of those but I still love it as do a core group of investors that believe.

AFTER ALL, you can have momentum stocks that appreciate nicely and are really solid and fundamentally sound, too.