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Microcap & Penny Stocks : Gator's Picks from the Swamp

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To: CBurnett who wrote (608)9/5/1999 4:56:00 PM
From: Currency  Read Replies (1) of 616
 
That trend can be with pennies if many many many people have bought in before the PR. But, notice the volume here. Not a very large position has been taken yet. Plus, some PRs do not deliver what people are buying into before they arrive. As an example, look at PCBM. Lots and lots of volume for quite some time and a big PR is suppose to come. I don't want to jinx it for anyone but those millions of shares picked up will come back as sells. But, for JABI, this is widely undiscovered and the float is only 700K. Can you imagine what will happen when their PRs come out and a million shares are scooped up? KA-POW!
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