Saturday, July 12, 2014

tiny accp

ACCP is another I've dug out from the 50 pennies that began the blog. Maybe one out of ten of them is interesting. Esoteric, but I've had luck with this kind of thing. Buy it at .25, sell it at 2, even though it's going to 5 pretty soon, and then to 11, 10.75. It is a real company - a real tiny one, but, real. Trades about 10,000 shares a day, so, if you buy 500 at .25, it's a $100 ($137.50) investment. Quite doable. Buy at .25.<br /><br />Use limit orders. If you don't know what that means, ask your broker. If I say buy at .25, that's what I mean. Don't pay more. Use limit orders.

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