Ambac Financial Group Inc (AMBC)

[Bill Tarson]

Depends on your strategy. I never invest in pennies. I just trade. For this, I didn't even want to intra-day trade. For most, I usually like to swing trade, looking for those 50-100% ROI pops (but this takes timing and even I get the exit wrong by 20% more often than not). The idea is to consistently pull a profit. I also never go all-in, these days, unless there's a clear-cut winner (again, complicated set of rules for that) and it has the volume for an all-in. For most days, I revolve orders, so I'll have 1/3 of the cash poised for stock 1 strike 1, 1/3 for stock 1 strike 2, and 1/3 for stock 2 strike 1, or any other combination of account splits.

I don't really focus on splits, reverse splits, promos, etc. I just look for whatever is most volatile and voluminous at the time.

I practically ignore everything said on here, especially hype (hurr, be scared, hurr be greedy).

Good luck and make sure you know exactly exactly how you're trying to make money before putting money on it.