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To: david simns who wrote (16645)5/4/1999 3:34:00 PM
From: taxgun  Read Replies (2) | Respond to of 22810
 
nice track record...you mean to say tmmi was your worst case ??
you sold TOO SOON ! itsagonnagoanydaynow----------
fact is, you could have bought at 1.5 cents and sold at 6 or 7 cents on more than 1 occasion...it just goes to show you that
money is made and lost on any stock...timing is everything...
right, "moonglow" ?????????????
jp



To: david simns who wrote (16645)5/4/1999 3:47:00 PM
From: Ken Sammut  Respond to of 22810
 
JazzFan,

That is a great track record. I was speaking in general although I did use your words because there are so many people in penny stocks who ask that type of question. Most of them lose money because they jump in and have no understanding of what they are buying into. More times than not you are buying into momentum and you have to understand what that means.

I still make mistakes and have been investing in pennys since 1978. This is not an exact science so the more education you have the better off you will be. That is why I suggested that many who are new to penny speculating should do it on paper to learn and then speculate when they have a better understanding of market hype, manipulation, and momentum.

We were all rookies once upon a time and I guessed you were from your question. No offense intended. Just do not want people to get hurt or surprised when they do not have to.

Ken



To: david simns who wrote (16645)5/4/1999 3:51:00 PM
From: Ken Sammut  Respond to of 22810
 
JazzFan,

See, I made a mistake today. I bought more at 8 cents and if I had waited I could have bought at 5.5 cents. Short term mistake but I think the price will recover.

Ken