Replies to post #75093 on NEWBIES BOARD

[Garyst]

You are 100% correct. Amex, Dow and Nasdaq tickers trade 100% on news, fundamentals and charts. These penny stocks trade 100% on momentum, how many posts they are getting, how many tweets etc.... Half the time when these companies do put news out it is bogus or untruthful and when it is legit the price falls. I wouldn't focus as much on Co fundamentals with these but rather where the "crowd" is. Your biggest thing to look for is those that are getting a good # of posts/tweets, ones that don't have several billions of shares outstanding like so many triple zero ones do and those that aren't up 1000% already.

[Coz Mabluda]

Preacher. Do you have L2 ?
You notice PPS going up you buy the stock.
Keeps going up you ride the stock.
You notice PPS start to go down you bail.
You bail to preserve your stake & fight again.
Tim Sykes says SMALL losses are acceptable.
It's pretty simple & ALL stocks work this way.