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Re: w0od post# 5085

Monday, 08/30/2004 1:34:53 PM

Monday, August 30, 2004 1:34:53 PM

Post# of 286616
Wood..Rich lately...

You have to be wise in your investing. When those stocks started there run. Ex. MDGN...no one was buying at the sub .01 range..it was just like pulling a slot if you did.

PRRM today. UP 50% it might run to .01 who knows, but I'm not putting my money in it. CMKX and QBID both unbelievably huge runs 40-50x your investment easy.

You would have had to buy it when it looked like a donkey butthole to get that type of return.

I'll stick with stocks with a bid that I can do at least some reasonable DD on or understand what their doing.

Personally the last person I knew to actually make so much he just quit trading was a guy who bought IBZT @.0022 last DEC 03.

He was young in college and took all of his student loand money and then some and bought on a tip. He asked me what I thought and I said your nut's but he didn't listen "Of course now in hindsight I was the one who didn't listen".

He bought 6100$ worth and sold at .04-.07. he made a little over 150k pretty amazing.

"Be grateful life could be much worse"

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