SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: myturn who wrote (29370)2/21/2000 8:22:00 AM
From: ChrisJP  Read Replies (2) of 150070
 
Hi RG, Here are my thoughts on 144s and the OTCBB:

If a stock is starting to get a buzz and I discover there are 144s waiting in the wings, then it's an almost certainty that the stock is gonna run. This is the only way to generate enough volume and price for the insiders to sell without sending the stock price to 0.

It also tells you that run will be VERY short lived, IMO.

Last week I though USDI was gonna bounce after a nice runup so I bought some. After the close I saw that there were 144s for 9,000,000 shares !!! I sold the following morning. There was no bounce.

Regards,
Chris
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext