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Microcap & Penny Stocks : HeartSoft Incorporated (HTSF)
HTSF 0.00010000.0%Jun 27 11:26 AM EST

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To: Albert Martin who wrote (1545)10/28/1999 8:50:00 PM
From: Richard L. Williams  Read Replies (1) of 1781
 
Albert, today's action was not profit taking--it was sheer, unadulerated robbery. The price of HTSF was taken down $1.30 in fifteen minutes on 20,000 shares traded--less than 4% of the shares traded today. The MM's cleaned out the stop losses, and HTSF shot right back to 3.

Not to say that I could not have profited off the move...but after taxes, I would not have picked one share, so it would not have served any purpose for me to trade.

My profits are protected--I didn't sell. My shares are held LOOOONG, and watching the proceedings as HeartSoft goes from unknown to famous is quite amusing.

Cheers!
Rick
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