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Microcap & Penny Stocks : VCAR - Vector Aeromotive

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To: Russell B. Baker who wrote (14)6/3/1996 6:05:00 PM
From: Anthony Ho   of 431
 
Russell: you bring a good point, to profit on VCAR, one should buy lots of shares. One big worry:commission costs eat up a large portion of the profits! I don't know who is your broker, but I know at E*Trade, if you buy 5000 shares or 9000 shares, they charge one flat rate which is $19.95 (for all OTC orders; a listed order, say a NYSE-listed will cost you only $14.95). Speaking of the volume on VCAR, I have noticed it has gone up quite a bit. If you remember, there was some insider buying back in April (It was reported in the May Individual Investor issue). The stock float on VCAR is thin ( I don't remember exactly what the number is, you may want to call I/R to confirm it). Anyway, the point I like to make is that when there is good news + great interest in the stock, you will see the stock moves up very fast. I hope this helps. Good luck, Tony
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