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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: star56 who wrote (32207)3/2/2000 8:49:00 AM
From: myturn  Read Replies (1) of 150070
 
I apologize Star56. I am just throwing caution to the wind.

So many of these pennies and even the high flying tech stocks are not trading on any fundamentals at all.

I hardly ever, ever buy a stock on fundamentals any more.

I buy a stock on speculation. I always have and always will.

The stocks that I speculate on have always, always done better than the ones with true fundamentals.

A prime example of a Nasdaq that I own is NTCS. I bought it at $2.00 sometime in December/January. I don't even remember the time when I bought it. I have to go look to see.

Anyway, NTCS, I believe will be a top notch company. The SEC will be clamoring for its services. Does it validate a $10 stock price yesterday? The shorts didn't thinks so.
Fundamentals surely don't think so. Yahoo doesn't think so.
Yahoo gives it a book value of .26. It hit $10.00 yesterday.

DHMG has a higher book value than NTCS. NTCS's float is twice the size of DHMG's float. Go figure. DHMG has a book value of .68.

I call it investor sentiment. Investor sentiment is what is driving this market.

Proceed with caution.

MOST OF ALL: DO YOUR OWN DD.
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