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Re: ragmuff post# 80

Sunday, 01/09/2011 5:01:00 PM

Sunday, January 09, 2011 5:01:00 PM

Post# of 89
re APLN -

thanks ragmuff.

I first did a little cursory DD on this stock back in 2007.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=20509632

I have always dedicated a portion of my portfolio to very low liquidly plays like APLN that have very large spreads. I always surmised that the large spread could be a good indicator that the float is either low, or locked down. When I find one that I like, I put in extreme low ball limit orders and then just forget about it. Sometimes they fill, and then I do a little more digging.

Kinda sounds like a backwards approach, but when the dollars amounts are as low as what I am spending, it's pretty low risk.


GodBless - NoDoubt - creede