Neil_B...appreciate your post and thoughts! You nailed it 100% on what we are trying to do here. That is exactly our goal this year. More & more mature biotech penny plays as well as any small or large cap (AMEX, NASDAQ, NYSE) stocks. The formula is the same. Understand what you are buying and do solid DD with the premise that buyers will eventually come in and your money will appreciate! You can leave your computer for the day and come back knowing that half your money is not gone in an hour. That is the reason for the "Starter Portfolio" as those gains will occur slowly but consistently.
I will cover "select" OTC potential plays that are on our list as I have as well and that list will change & be updated at my discretion based on events. Thanks again for the spot on post! $heff
Message in reply to:
$heff - I am loving this new strategy of yours. Small consistent gains will build an empire and allow everyone to build wealth. Sure, the pinky multi-baggers are like rocket fuel, but are risky. I will ensure pinkies will never be a huge portion of my portfolio ever again.
[n]If anyone wants to build wealth with less risk - your strategy is just so perfect.
Buy the big board plays - anyone should afford to park a huge part of their money knowing that big boards cannot be typically manipulated and can exit on low double digit gains to move on to something else.
I always wanted to trade this way, but lacked the discipline and know-how of good stocks.
Thank you $heff - You prove time and again - And this year with the big board plays, you had added golden respect in my mind and I am sure others will agree.