A.I.M. Users Bulletin Board

[jibes]

Matt

I think buying 10 low priced stocks at say $1.00 or so a share is a great idea if you are willing to wait for some of them to rise to a much higher value. Do check them out though an make sure they're not duds. #:)
Also keep in mind that a $1.00 stock can go much lower. I once bought 17,000 shares of a stock at 4 cents that did at one time sell for $1.00 (before I bought it) that went to 1 cent (after I bought it) and then it had a reverse split of 1/20 (like that was going to help) and is now selling for .008 cents a share. So my after split 850 shares are worth $6.80! I'm still waiting for my ship to come in on that one! #:)

Or you could do "AIM Re-bal" on 4 low priced stocks. However, in reality I think you should do this with a min of $2000 and only act on transactions that go up or down by a predetermined % for any of the 4. Of course this IS going to happen often with these low priced devils. The action should be fun but be prepared to run out of cash at times. This could very well happen.

I think playing $1.00-$5.00 stocks is OK only if you can stand to lose all or part of your money. Otherwise be careful.

You can check out "AIM Rebal" at my site.

Jibes
TrendSeekers at:
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