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Replies to #3152 on NEWBIES BOARD

Garyst

09/16/12 10:58 PM

#3161 RE: stockrule #3152

Hi stockrule. I had a good weekend. Very low key and just enjoyed the past two days outside catching up on things in the yard. As for picking possible "Plays", I use two things. Reading the various Boards here on Ihub to see where momentum is and secondly checking out the largest movers each day at www.otcbb.com Once I get a few possible Plays I then check for the average trading volume over the past 10 days to see if the volume is just from a one day phenomena or has it had sustained volume. Then I look at the share structure and see if there is more room to move higher. The larger the amount of OS the harder it may be to move on up for a particular Penny.

One thing I can say and urge to all is that when we have money available to invest and want to get in something there are actually some days where it is good to sit it out till something comes across that is good. I too find myself always wanting to get into something but sometimes it is better to wait a day or so versus just jumping into something and risking a huge loss.

Hope this makes sense.