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Re: None

Sunday, 03/17/2019 6:38:39 PM

Sunday, March 17, 2019 6:38:39 PM

Post# of 421
Thin, illiquid and ‘who knows when?

HKEB LOGQ BLYC LWLW MMNT NDVN TGRP MCHN PSSS WOWI INOW VMII ATIN EMBT ZNDX

when i began redoing my leftover portfolio -- years of being forced to sell my winners because of money issues had left me with nothing but losers and write-offs -- i took the path of putting together a small collection of dormant issues and thin shell and reverse merger candidates, and had some luck with those kind of sleepers. though they take a lot of patience, conservative playing often produces returns in the 4 to 8 bagger range, if not far greater than that. of course, we are talking parked money, but i have nonetheless been known for being prone to throwing $200-800 (generally less than $500 on average) at these and then waiting for the arrival of Gidot. his arrival, btw, can be quite fruitful.

case in point: i had EXAI @ .006 on its way to .30, and last year i traded FTEG from .0002 to .005, PCLI from .0002 to .0013, and NHPI .0001 to .0008. at the time of the NHPI sell i desperately needed the money, and then when i had the chance to recoup the shares, i flat out missed it. but, as long as you survive, there's always another play in this game, and i recently sold LCTZ, bought at 004, and CNHC, held from .0015.

of course, the problem is that pesky ‘when?’ business. trading thin or dormant is nothing if not about ‘when’. i waited for years for the aforementioned, and now, this being an influx/outflux collective, after a year and a half of transmogrification, i'm holding a new hand, and, i suspect, should i choose to stay long with them, it will take no less than 2-3 years for this latest consortium to completely play itself out.

currently on ‘slo’ watch:

WOWI 20k @ .01. a 15-12g filer with some recent trading around .019x. 6M O/S. but ‘when?’ on bid break .025 i ponder a sell.

LOGQ 1k @ .20 3M O/S SEC filer recently traded around .45-.65. its prolly too late for adding on at or below my entry, so i’m simply looking for a sell that begins at no less than .75.

NDVN 300 @ .88... oops! bought too high, but its a small holding. not sure what i’m doing here, but i see volume coming in on a bottom bounce. or is that a button bounce, and it will all close in soon enough? hmmm..

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