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Microcap & Penny Stocks
Three ways to play the OTC:BB
An SI Board Since March 1998
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15 3 0
Emcee:  FARRIS Type:  Unmoderated
This thread, I hope, will stay focused on what is posted here...
There are three ways to make money on the OTC:BB in my experience...
First, there is the DAYTRADE or MOMENTUM TRADE...
Second, is what has become known as the BTS method...
Third, is going LONG on well researched stocks...
I want this thread to focus on all three. Please, in all caps at the top of your post, type one of the three -- DAYTRADE, BTS or LONG...
That will keep things organized a bit better I think...
A daytrade, requires minimal information but a high amount of credibility on the part of the poster... No tickers please -- give us something to go on.
Next is the BTS. This is a stock that may do well in the short run, but has some good reason to hold on if it does not fly right away. A typical BTS is simple -- you buy in and when the stock reaches, for example, a 50% profit, you sell of a portion trying to recover your initial investment while still holding a stake in the company. This type requires much more research information -- we need much more to go on, but there should not be the same sense of immediacy as there is with a DAYTRADE.
Lastly, we have the LONG. No sense of immediacy at all. You buy and accumulate gradually as money is made by the other two methods. You MUST give us a great deal of information for a long to be seriously considered. Links are fine -- if they are complete.
Let's keep the posting to a minimum... good solid researched posts are the way to go -- time is our most valuable commodity, let us not waste each others'.
Let's look for the stocks that no one is talking about... that is where the real money is made...
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ReplyMessage PreviewFromRecsPosted
15 LONG DGIV Internet Telephony Pending Stock Buyback Pending positive 1Q98 Finsandstuff-3/25/1998
14 LONG LGOV NEWS! Largo Vista Group Announces Completion of Pipeline Project PRFARRIS-3/25/1998
13 LONG Matt Burton-3/15/1998
12 That will be a BIG help!!VBH-3/14/1998
11 Evening, Already read. Thanks for posting past posts for newbies.... Just-A-TJust-a-thought-3/14/1998
10 **LONG** If you read from the following link through post #430 on the LGOV thrFARRIS-3/14/1998
9 FYI......... Message 3640045Just-a-thought-3/14/1998
8 Very new to the "game"...so I will be lurking and learning.... ThankVBH-3/14/1998
7 DAYTRADE I daytraded BAAT a couple of weeks ago based on hype and momentum. MaCosmo Kramer-3/12/1998
6 OMEGAMED take a look at it,it will be coming soon to otcbb and it will cause a wallstreeter-3/12/1998
5 Long term hold is FTEL. I have been burned by BB stocks in the past, but their Snowman-3/12/1998
4 Hi Farris, I have nothing to offer right now since I'm new to this game. HarperLee-3/12/1998
3 Everyone is a comedian... This thread will be slow for a few days, but it will FARRIS-3/11/1998
2 Three ways to play the OTC:BB............................ 1) With someone else&ftth-3/11/1998
1 Good Long - CVIA Basically a shell corp with intention to do a 3 way merger inBill Monahan-3/11/1998
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