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Microcap & Penny Stocks : OTC:BB STOCK PICKING Challenge

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To: dreamer who wrote (7245)10/16/2001 10:00:20 AM
From: Hawkmoon  Read Replies (1) of 17315
 
MUCP for the rest of this week.

They brought it back down to the 50dma at .49/share in a pre-market shake out, but couldn't find any significant sellers.

Has now bounced back up to .51 x 58, and could be setting the stage for some more upside to the end of the week past .70/share and hopefully to a $1/share.

Tough to trade this one, though... Better as a position trade over the next 3-4 weeks as we look for some decent upside.

They are going to COMDEX and will apparently be located right across from Cisco's booth, and rumour has it they will be co-habitating with National Semi-Conductor at their booth, which should give their V.5 set-top box/thin client some good visibility.

And then there are the pervading rumours of some deal in the works with Radio Shack to sell some version of it from their 7,500 outlet stores.

Hawk
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