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sphistak

04/12/11 12:14 PM

#16703 RE: 91Caprice #16700

Yeah, we need something big from Vincent!

rordreds

04/12/11 12:24 PM

#16704 RE: 91Caprice #16700

I'm guessing that most people that post on these boards and trade penny stocks have less than $2000 in their accounts. That's not necessarily a bad thing, just no way in the world that you can survive making a living out of it. (That would take at least $25K if you understand the market considering you have mortgage/rent, bills, etc.)

I'm also guessing that most go "all in" a stock, either by receiving email alerts and/or following certain members. Both those methods are putting you behind their potential exit points, and as such, most lose $$ and then end up blaming everyone else.

The key is to diversify, make your picks, and get in before everyone else and while all is silent. Call it pateint, contrarian, whatever.

Those here that can sit at .0001, you are 100% potential profit minimum agvainst everyone else.

All I know is that it works...