(((((((((((( WARNING))))))))))))))))
I want you guys to do me favor, be very careful right now with sub pennies, i have no blue sky list this week for subs for the following reason: I dont see anything really worth holding ,
alot of these stocks have blown off. The list is very very narrow. you will probabally get a play here & there but as far as momentum its going to be very limited.
everyone here has prolly made a lot of money in the last few months. now is time to perserve your capital and dont give back
YOUR PROFITS. now is the time to tighten the belts and be very , very selective in your stock picking.
DONT OVERTRADE
I seen alot of people in the last 5yrs make alot of money just to give it all back. dont be a victim be smart.
I will be watching for new stocks in the sub universe, but i will be very selective and will not just throw money into the wind.
Subs have had a fantastic run and the way I see it they just need to rebuild for the next run. could take a couple months.
Subs is a very niche market and very limited.
On a closing note: Dallas this is prolly the best bunch of traders to be a associated with. your board has carved out a niche in this market. I think this is just the begining of some thing special to come. I have met alot nice people here and really glad to be a part of it.
these are my observations and just MHO FWIW.
on a brighter note: There are alot of stocks in the .10-1.00 range that are consistantly making me money. A good trader makes adjustments and keeps his pulse on the market, and cuts throught the hype and looks at reality.
Hope this helps.
