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Re: midas716 post# 2878

Friday, 08/11/2006 10:20:28 PM

Friday, August 11, 2006 10:20:28 PM

Post# of 55250
Hear ya! Making money in the Pennys is easy. Ya build a big position (total Contrarian style) in a stock beaten up badly after a strong spike and the bashers have done your work for you. Sit on this position until the next momentum surge, take some nice profits, wait for the upward flurry to fizzle and then short the bitch backward until the next flurry begins. Then, buy back for the upswing and do it all over agin. Pennyland Profits 303 in a paragraph...