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Strategies & Market Trends : Rande Is . . . HOME

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To: Ie Coan Bie who wrote (35185)9/17/2000 9:14:35 AM
From: Rande Is  Read Replies (2) of 57584
 
150% gain in just 2 weeks of holding an OTC? I'd sell that puppy in a heartbeat at $5 per share and never look back. The idea of playing OTC is that you buy between .001 and .10 and you sell between 1.00 and 2.00. Generally speaking, the only OTCrs that trade above $2 bucks are active boiler room pumps. . . which are short-lived then crash back under $1. The OTC stock which finds its way onto the AMEX. . .is rare. . .about 1 out of 2,000. And almost zero move back onto the Nasdaq. And contrary to popular belief. . .an OTC stock needs to do FAR more than trade over $5 bucks to get re-listed. . . and that has EVERYTHING to do with the fundamentals of the company. Are they showing a profit? Did you know that there are OTC stocks at $0.50 [1/10th that of BCKC] which are?

Rande Is

PS> Please direct further discussion of BCKC or any other OTC to our Fishing thread. Subject 24605
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