Enjoying this market. Sold half DYN @1.89 that I went long on. The other half I will wait for 2.00 (as long as it takes).

Buying DDIC and MLRC,two fallen Nas stocks that are threatened with removal because they are less than a buck. DDIC was trading around $20 prior to 9/11 and may have something going for them. I will always go long until I get the urge to sell, could be a day or so, even a year.

Tried KCS @ 1.19 on Monday but got out at 1.5, sorry I did not mention it here.

Chris

Chris J/tolateshmart

Things are looking up for me.
There appears to be some good opportunities out there.
Dave and Low have supplied some good tips (Plato's). I doubled on Lowroller's ELSO the weekend he suggested it, thanks again.
Now picking up Dave's (what he buys)DYN and worldcom for a longer hold. As they say, low downside risk (ya gotta love penny stocks) - good chance of a significant long term gain.
It's one gain-at-a-time now, a little at a time but there are ways to make a buck in this market.

Good Luck,
Chris

Chris J/tolateshmart

low, thanks for ELSO!!!!
Chris

Chris J/tolateshmart

Took profit on BDGPA,
still looking at AMTE, where can I get some info on this company.
Chris

Chris J/tolateshmart

Hi Dave, Glad you are hanging in..
I am getting more serious about BDGPA, picking up more today.
I see a greater up-side benefit because this was on the big boards before being ousted. My hope is that they will return.
I am willing to hold this one for over a year and am showing a gain so far. Looking for over 4x on this one.
Chris

Chris J/tolateshmart

Back in with BDGPA, HRCT and UNVC.

This is the first time that stocks have gone up right after I purchased them. Hope it is a good omen.

BDGPA is the former BD Budget group. Delisted from NASDAQ. It looked like a good thing to take a chance on.

Anyway, if someone still visits the "corner" let me know what you are buying.



Chris J/tolateshmart

Hey Mack,

Vacations may be ending soon!!

I am starting to think that the time has come to start buying again.

I took a look around today and may put in some buys for Monday.

How have you been doing? And you Dusty"

Chris

Chris J/tolateshmart

Here is a good list of fallen stars:(link)

http://biz.yahoo.com/fo/011005/1005nasdaq_1.html



Chris J/tolateshmart

Thanks Dave, happy to see you are sticking around.

It is difficult to stay in the green today! I have been using the patience method and still keeping a good portion of the portfolio in cash.

I still look for the pennies that have not run and that "sound" like they have a chance. RDNK for example. I had a buy in at .03 when it was trading at .02. It did not fill for two days. It went to .05 but I missed the ride. It doesn't bother me, there will be others.

May God bless you too.

Chris

Chris J/tolateshmart

Hi Mack, Dusty, and all! Finally feeling better about WPTE.
In the green again after a nice gain. I am hanging in for a
lot more on this one,,,,patience may do it.

Chris

Chris J/tolateshmart

Todd, Etrade is great for penny stocks. I also had Waterhouse and they are terrible for the pennies.

Etrade lets you put in a sell or buy at a price far from the going price, Waterhouse would not accept an order if it were about 10% from the market price. . I find this helpful because I am unable to enter orders during the work day.

The commission is 19.75, higher than Waterhouse (and others) but the freedom to enter orders as I like to makes the fee insignificant. I could not have done as well as I have done if I was not at Etrade.

The above is not an opinion, it is from experience with both of them.

Chris



Chris J/tolateshmart

WPTE volume has been high this week and I still feel good about it.


Chris J/tolateshmart

Finally let loose some of my cash and picked up some WPTE.
It has many of the aspects that I look for in a stock. Like most I make nice gains on it dips right after I buy it, enough to make me uneasy but I always hang in there.
Recent news on a spin off may have caused some selling.

Chris.

Chris J/tolateshmart

Mack, I just got blessed again with the ABRG.
I appreciate your posts, please continue at any rate you are comfortable with.
Like I said to Dusty (earlier post), I will keep him company on ABRG "as long as it takes". I have found it pays to wait it out in most cases, just be sure you bought near the bottom.
I took my profit on ABRG.

Chris J/tolateshmart

GEEEEWIZZZZ....ABRG is flying and nobody is cheering?

I don't know why but it does feel good.

Chris J/tolateshmart

Still not feeling comfortable, even after the rate reduction.

I keep looking for good pennies which are hard to find these days.
By the lack of posting it looks like I am not alone in my uneasiness.



Chris J/tolateshmart

Bill,
I will keep you company on ABRG but I am willing to wait more than a few months if necessary.
Mack, thanks for the congrats but here I go again.
Chris

Chris J/tolateshmart

I wasn't as confident Dusty, I am now at 90%+ in cash having taken advantage of the price jumps.
Even my NPCT is gone.
Looking for the next opportunity but will spend time if it is necessary.
One doesn't have to be fully invested to make money today, the key is to be careful with what you have. IMO.

Chris

Chris J/tolateshmart

I see it kind of like that too Mack,
I sold my Zerox and Cisco at a small profit, that was the goal.
I will go back into Zerox if it goes back down. Cisco, I think around 15.5 for more.
NPCT is up, green for me. Considering action.
Small gains, on companies with good potential, is my goal.

Summer is coming, it won't hurt to be heavy on the cash side....subject, as always, to change with little or no notice.

Chris

Chris J/tolateshmart

Crazy times Dusty, hard to tell where to go.
I picked up a small amount of CSCO today, plan on holding for some time. May let go sooner if I think I can cycle it several times in a year for a tidy profit.

Turned in others for cash, now sitting at about 60% cash.

Heard talk on MVEE on a radio station today, featured. However a ton of shares traded today, I won't buy with that many shares issued.

Did well on USCR but now hold only a token amount.

I didn't make money on the last one Mack put up.

Chris

Chris J/tolateshmart

BOTTOM? Whose? Anyway put a buy in for some AXIA at today's close.

Chris

Chris J/tolateshmart

Thanks for the tips Mack, I will look them up.
I like to think that "good things come to those who wait" on some of the stocks.

I like to hold them as long as it takes to double but I may adjust to a 50% gain.

Chris

Chris J/tolateshmart

Bought a few XRX (Zerox) day before hoping it was near bottom. It has already been up a buck from the purchase price.
Buy in low $5's sell at $6 could make a few bucks.
As always, diversify, find value stocks, don't go overboard, and expect to lose on some.
I will pick up more USCR if it goes back to 3 cents. Sticking with ones I know.

Chris

Chris J/tolateshmart

Hi Mack,
Took some profit today, 3x on the oil stock. I didn't want the greed thing (hogs get slaughtered) to get me.
Looking for some more "good potential" stocks with smaller amount of authorized shares.

Thanks again Dusty for starting this board up.
Chris

Chris J/tolateshmart

I know what it does, it creates a nice meeting place for some decent people.
Dusty, thanks for starting up another "corner".

I have been "lucky" this last week, USCR has done 3X and may have more left. I have a lot of it.
I have been buying NPCT, which is dropping, but not as fast as USCR is rising.
I had buys in for a few on Monday but they went above my offer, I will so some DD and keep them on the watch list.

Chris J/tolateshmart

I guess that it was AQCI that brought many investors together. Sad, great idea poor execution. I just received the news from Gary that they have doubled the amount of authorized shares. Big time dilution possible.

Wondering if any of you have been keeping a close eye on NPCT. Investors have been filing 144s but not the president of the company. It still appears to have a chance of being successful.

Chris

Chris J visiting. Still laying low waiting for the penny comeback.
Keep up the good work, hope all is well with everyone.