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Post# of 137481
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Profe$$or

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Profe$$or

Re: None

Friday, 02/29/2008 11:56:17 PM

Friday, February 29, 2008 11:56:17 PM

Post# of 137481
Many may find it amazing how I've gone from big board stocks to holding so many penny stocks in the model portfolio right now.

I have not changed my views regarding stock purchasing nor am I operating under a different paradigm. Remember that our primary goal here at Wealth University is to make money. We must see growth from month to month. The reason there are so many penny stocks in the model portfolio at this present time is that historically this is penny season. You will notice that we are definitely trading within a bearish channel in the indexes. I was able to find big board stocks to play in the past while the market plummetts and I will continue to do so. You'll notice however that the past two days the market was blood red. Today was especially brutal for the indexes. However COPI traded significantly higher as well as our new model portfolio pick today: LLEG. BMSN traded higher and FRGY held up well today after gaining 111% for us yesterday. So you'll see me doing WHATEVER WORKS in order to get the job done.

We are NOT going to become penny stock players primarily or anything like that. The professor's and I will definitely bring a penny play to the table if we think it offers a good risk / reward scenario but we will mainly stick with big board stocks when appropriate.

I am sure a few of you may have been scratching your heads at the past few picks. Besides NXCN which decided to take a complete crap on us (however it appears to have found its bottom here) all of our penny plays have done exceedingly well.

Enroll in Wealth University today!
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