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Re: mysterymeat post# 178149

Wednesday, 10/07/2009 12:29:38 AM

Wednesday, October 07, 2009 12:29:38 AM

Post# of 192567
I do both. I have done well with picks in both areas, but most of the so called penny stocks I play have been on Nasdaq, and were dollar stocks before the crash.

One thing I do know, is you even get burned bying the big stocks. I stayed out of the markets for years as I knew they were way over priced, but I smelled blood in the streets late last year and jumped in. Can't brag much, but I am about even today since I started back in October, and I have been long most of that time. Lost most of my gains with about 8 poor choices, but made great profits with the others. Getting a lot better at timing getting in out to avoid loosing gains from volatility. Most of my big losses were in feb and march.