Rat dog micro-cap picks... Message Board

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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Bucky Katt who wrote (247)	12/15/1999 9:15:00 AM
From: M. Walton	of 48461

William... thank you for the leads. Looking at a all of them, I would have to say that my 'pick of the bunch' would be Rockwell Medical Tech (RMTI). Based on what I can see, here are some of the reasons based on my novice TA. Stochastics on this stock are well within the acceptable buy zone... it is definitely not overbought, and shows an indication that buying this stock is on the move. The MACD crossed '0' a few days ago, indicating the beginning of a modest upward trend. Add on the fact that the volume was up yesterday by about 300% with only a modest gain of 7% in the price, this one could begin to move in the very near future. I would also note that the MACD momentum seems to be increasing slightly, though I always have trouble reading that indicator. For those who do not know, the company makes hemodialysis concentrates, dialysis kits, and other hemodialysis products. We are also not talking a huge float on this one (Shares Outstanding: 4.852M) and a Mkt. Capitalization of 15M. Anyways, I like this one - as always, I would welcome comments/corrections to my TA. I will never improve if I don't know what I am doing wrong! Thanks, Murphy

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