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Microcap & Penny Stocks : Socket Communications (SCKT)
SCKT 1.270+2.4%3:59 PM EST

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To: RikRichter who wrote (38)6/3/1999 11:32:00 AM
From: Mahatmabenfoo   of 932
 
> why does SCKT continue to trend lower?

Fwiw, my 2 cents:

- the trade vol is so light, I doubt if SCKT can really be said to have a market price. It appears to be fluctuating very regularly between around .53 and .71, but I don't think that means that it be bought at the low end and sold at the high.

- until SCKT becomes profitable and becomes re-listed, it's trading price doesn't mean very much. OTOH, the mere fact of re-listing ought to be good for a very very exciting bounce. Investors seem excited by come-back kids....

Wouldn't it be great if by patient holding we could all look smart?

Here's hoping....

- Charles
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