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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce

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To: Dave Swanson who wrote (2508)6/14/1999 1:23:00 PM
From: Stroke  Read Replies (1) of 2994
 
Ahhhh YES. The (in)famous profitpicks.com does appear to be the source. I've noticed that they tend to pick stocks that are getting a lot of play on the boards and/or companies that have a website opening within a few weeks. I think this strategy may have worked for '98 but net investors seem to be wising up in '99. Unless you are the guy running profitpicks.com and buying ahead of the crowd I think it's tough to make much $ following all their picks. MM's have surely seen this pick and will not panic.

Still long on RDIM. Once these traders take their 20% gains it will be interesting to see where we land.

- Stroke
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