the trick to penny stocks is to not fall in love.
Post# of 695
invest. make a profit. and get out. thats how i do it. invest, take your profits, reinvest a portion in a lower priced stock. repeat. lots of money can be made this way.
are you familiar with these boards? Theyre full of crap. many posters have multiple screen names; loving the stock one day.. hating it the next - in order to influence newbie investors to sell out of fear. its horrible people do this to others, but it happens all the time.
i use charts a lot to base my investments. after years of investing, i find it rather easy to spot a run and know when its just about time to sell before the drop. i called GIGL's drop the day it happened March 29th and its been down ever since.
im expecting .01 here shortly followed up to at least .04+
im not in for the long haul. could AMLH hit $1? sure it could. but i dont want to wait that long. long haul and OTC dont work very well. granted, i made huge profits in OWCP and MOMO, but theyre a rare find.
my best trick to know when a OTC stock is a good investment is fundamentals and investor excitment; they go hand in hand. excitement should be present because it shows something is expected aka news, PR, SEC filing. if the fundamentals are there, said news should be released which makes the PPS rise.
American Leisure Hld (AMLH) Stock Research Links
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