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Re: surfer44 post# 2171

Monday, 01/19/2015 4:43:03 PM

Monday, January 19, 2015 4:43:03 PM

Post# of 2736


surfer. To address your two questions and be brief about it is hard.

Let me just say that I spend many hours on the weekends and also some nights during the week doing nothing but researching penny stocks. I have my own criteria which a stock must meet before I even put it on my " watch" list. If it meets the first round of " must have" of my points then I start digging deeper into its back ground. If it makes it that far I then research as much as possible about the owners and or the decision makers involved.

Now what I have said above covers much more than those few lines might suggest. Things such as, Products, services, pricing, stock structure, cash flow. But the biggest is the character and experience of the decision maker or makers along with the viability of their product or service.

On average I spend many hundreds of hours and maybe; just maybe, I find one good one about every 2 to 3 years.

This extensive research is done on the pennies on the OTC, Pinks, ect. I have far less of a research challenge if the stock is a small cap listed on the NYSE,NASDAQ, or American Stock ex. as those standards alone eliminate a lot of the potential problem stocks. But the super big rewards are to be found on those gems that start out at or below the two dollar level. An those below a quarter ( .25 ) offer the greatest potential returns because the lower the price the greater the leverage per cost.

Those penny " Chasers" who are looking for the quick " Home Run Ball" are seldom successful for the most part ( although few will ever admit it!! ).

The reasons I chose CEHD are all to be found in the above!

Best Regards