Value Microcaps Pick Six Lotto 02

[researcher59]

Knowledge: My view differs from yours on thinly traded stocks. I think it's FAR more impressive when a stock goes from $4 to $8 on 100k volume per day than one that goes from $0.04 to $0.08 and trades a 'few thousand shares a week'.

You say it's equally impressive and profitable ? That may be true if you have only few hundred bucks to invest. Lets say a stock is trading at $0.04 with volume at a few thousand shares a week. That means perhaps 1k volume per day or $40 of volume. That's STRICTLY A JOKE ! Profits on a double on a day's volume would barely cover commissions.

With a stock trading at $4 and doing 100k per day of volume one could easily take a position of $100k .... a double on that would be very impressive !

I will enjoy PSL3 regardless of whether there are any DOLLAR volume restrictions or not, however maybe we should consider naming two winners .... the overall winner, and in my view, a more important winner, the one who's picks all meet a minimum average daily DOLLAR volume.

I do agree with you on the subject of pink sheet stocks, as I have made sizable profits on several of these. Particularly fulling reporting issues like ARSD and SNKI are worthy of the contest. Others like AXLE and TCRS which release financials may also be appropriate.