Replies to post #6 on freebies reply here to gail's .0001-.0002 flippers

[gail]

hmm, that you wont lose money on.. well, look in the ibox over "there" and see what you like.

im trying to get icty at .0001,, gave up on epgl and glcp, but they are also great if and when you get .0001.

dont pay more to be safe. better to miss out than buy too high.

[gemmerling]

nixsix28 - No one can give you a stock that you won't lose money on. These .0001 stocks can go under .0001 on the bid or have no bid and an ask of .0001. Your money could be tied up for months waiting for a double. Gail can give you stocks that look good on a chart but that can change quickly so what looks good in the IBOX one day could look bad the next. Also these .0001 stocks can reverse split or be halted by the SEC for stupid reasons. I just want you to be prepared to take losses when you buy these risky stocks. Now if you play enough of them the law of averages may be on your side and you will win more than you will lose. This is the plan I am trying to follow here. Here is my current track record as an example so you can see the pros and cons of this method.

Bought XXIS .0001 sold .0002 - In XXIS again at .0001 stuck for a few months so far.

Bought SPZI (gail's pick) .0001 sold .0002

Bought TCLT (gail's pick) .0001 and sold .0002 twice

Bought TRKB .0001 sold .0002 - Bought TRKB again it got halted and may have a total lose in it.

Bought MTPW (gail's pick) .0001 - It reverse split (now MTPR) and I had a total loss.

Bought BCND .0001 sold .0002

Currently stuck in the following positions I bought at .0001 - AMHD, LTDI, SMAS and XXIS

I hope this describes the good and the bad playing these .0001 stocks.

Also please don't use that much capital at first these are the riskiest stocks you can buy I can't stress that enough. It is just like putting money in a slot machine.

Good luck with your trades,
Greg