Saturday, October 28, 2006 1:43:53 AM
a realistic analogy of the stock market . "Bob Blog " is not a penny Player but that doze not matter. a whole range of information must be learned in order to find flavor in a sector perhaps, learn to research stocks , Time the market, on and on.
I studied stocks for years as a hobby before ever investing any money in them because it interested me . The money involved was not of interest really at all.
the penny market is the most volatile market of all !!! think about that.
It has its upsides !!! learn what they are . find a sense of direction from a place / person you can relate to . Charts are very good for research and paint a perfect image of where your have been.
In the Penny's look for Volume / Float (small ) / Revenue(bigger the better . try to find 20 good stocks that are selling a product / Service, not just selling stock. from that pick 8 of them you like . Develop a % to sell the losers and keep the winners. You might 2 or 3 and they well move in and out of favor.
My best advice is simple "Research "
LapT
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