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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: FatMatty who wrote (1615)3/30/1999 2:14:00 PM
From: Rande Is   of 4766
 
Those computerized auto-traders automatically move the bid/ask based on the orders showing. . .that is why I always WAIT until the last minute to show what I am going to buy or sell. When a stock runs hard in auto-trade mode, often just the ask will move. But the real gains, in my opinion happen AFTER the spread tightens and the stock consolidates some after its initial run. . .

The best thing about USTI is that everybody seems to want to hold on to the shares they buy, rather than trade them. When or how will it take off for the moon? I don't know, but my guess is that it will happen slowly, without ANY catalyst . . . except strong hands.

Rande Is
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