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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Jim Bishop who wrote (37869)3/18/2000 10:32:00 PM
From: SOROS  Read Replies (1) of 150070
 
ANYBODY and EVERYBODY!!!!

Is it just me, or has anyone else noticed that almost every stock that is posted on ANY board on SI is not even close to its 52-week low? People rant, "ABC company is on sale today." Pull a chart and you ALWAYS see that it is a stock that has fallen perhaps from $3.00 to $2.50 or $1.75 to $1.35, but they ALWAYS have a 52-week low of something like .05 or 13/128. Scan through ALL the message boards and look at charts of the stocks. 98% of them are up 300% to %2000 from their 52-week lows. Most are flat-lined from Jan, 1999 to November, 1999 at like 10 cents or $1.00 or $10.00 or $25.00 (depending on the size company), and then from November, they go parabolic! I want to know someone who finds these stocks at the 52-week lows. Does anyone know such a person on these threads who has demonstrated this ability? I want to buy a .10 stock that goes to $5.00 dadgummit!!!! I don't want to hear how great the company is at $4.50! I actually did own a pile of BNTI at like .25 and sold it in a fit of market disgust last summer. Look at that chart from November. Someone PLEASE send me a PRIVATE message of a stock at its 52-week low with HUGE potential(if there even is such a thing in this market the last few months -- this fact actually worries me a lot). I just want to get a big kill one time before this old senile bat lover stops sucking blood!

I remain,

SOROS
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