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Re: okeah post# 998

Monday, 09/01/2003 4:55:08 PM

Monday, September 01, 2003 4:55:08 PM

Post# of 275589
Tony,

Go for longer term plays until you are back on your feet especially if you work full time and are away from the markets a lot. Some of these quick pennies move too fast and even some of us full time traders with our faces glued to the screen step aside for 10 lethal minutes.


My choices with limitted downside, IMO: ABRX (next to no risk), VNCO (high risk, but been beaten down, high hopes), HDWR (next to no risk), XMSR (medium potential, short term risk is high, but long term at this level is next to none imo), BKYI (50% downside shorter term, but this level is an easy steal for a 6 month timeframe).

Good rule of thumb....if you are looking to make up lost ground, don't buy anything that you have to "buy quickly." Buy something that isn't moving much and hasn't moved much and you have plenty of time to carefully DD. APOA, etc. already made a big move and seemed like a "must get in now" stock. That's for us full time traders who are prepared to take losses quickly on sudden news and volatility or take profits quickly on sudden spikes. Build yourself back up, at the very least, before you dive into these crazy plays.


Also, I'm still DDing it, but PRCP looks great! Will have a report on that eventually after I DD it. I have no position in PRCP at this time.

Raw

Raw

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