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im a survivor

04/30/06 1:15 PM

#1523 RE: bUrRpPPP! #1497

IMO......0001, .0002 and .0003 plays can be made for very nice gains...yes, the spread means if you buy and then sell, you will lose, but if you are patient, most stocks in that range either go BYE BYE or eventually pop..and from .0001, .0002 or .0003 ( or higher obviously....ie, lfwk dead for how long....mm's were giving shares away at .002 but not many people were buying, except me and a few others.....the stock seemed to be in a coma...well, it not only woke up, but shot from .002 to .05 in a blink...now thouse were very, very nice % gains.....and many examples just like that....many times 'dormant stocks' stay dormant and many times they wake up, get discovered and run huge....the pop from the 4th decimal level on any stock could bring huge % gains or losses...but most of the time, if patient, they bring gains....has worked for me.....