JW Genesis (JWG) - online trading in the future? Message Board

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Technology Stocks : JW Genesis (JWG) - online trading in the future?

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To: Roads End who wrote (25)	5/23/1999 4:45:00 PM
From: rsyke	Read Replies (1) of 78

Riechers I am also a position trader. Not daytrader. Hate hype/spam. I live in southeast Fl. trade alot. IMHO the reason this stock trades so thinly is as follows: JW Charles was a well respected but small local brokerage house. At exactly the wrong time last year, they bought investment banking arm (Genesis part) to do IPO's. Small cap market tanked, IPO market went in tank. Not enough float for institutional sponsorship. Like you I tend to be very leery of these overnight wonders, but in this case, I suspect it may be warranted. Just one of those opportunities that come along. This sector is definitely on the uptrend. I have to roll some money next week think I'll nibble at this one .

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