Alloy Steel Inc. (fka AYSI)

[DOLLARLAND]

Littlefish,

I have taken a similar approach the last few weeks and it has worked much better than holding long any of these micro/small caps. I rarely hold anything more than a week now, and just sit and wait for great buying opportunities, primarly stocks that have had a history of good bounces off of oversold lows in the past. That is why I'm here, AYSI is on my watchlist and it is a potential buy for me in the very near future.

If you're like me, you see stocks on your watchlist with 25+% gains in a single day quite often. All you need to do is carefully target these stocks, buying when oversold, and sell quickly when they make these quick 25+% jumps. It pays to be patient, as you can do quite well with as little as one good trade a month. If you start with a $10,000 investment, and make a single 25% trade each month, your compounded gain will turn that $10,000 investment into $145,519 within a year!

Example:
$10,000 + 25% = $12,500
$12,500 + 25% = $15,625
$15,625 + 25% = $19,531
$19,531 + 25% = $24,414
$24,414 + 25% = $30,518
$30,518 + 25% = $38,147
$38,147 + 25% = $47,684
$47,684 + 25% = $59,605
$59,605 + 25% = $74,506
$74,506 + 25% = $93,132
$93,132 + 25% = $116,415
$116,415 + 25% = $145,519

Obviously once the dollar amounts get pretty high, you'll need to split it up between stocks, depending on the volume.

I plan to stick to this approach, and if it works as well as I think it will, I may just have to quit my day job and be a become a full-time trader!

Rhino