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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: Bucky Katt who wrote (7710)4/10/2002 7:11:03 PM
From: Dave Gore  Read Replies (1) of 48461
 
Rat, I miss a lot with all the PM's and stock contest and all that. You guys are great if you can make money on stocks with lousy fundamentals on momo plays. That takes a lot of luck and hard-nosed eyeballing to get the entry right. A lot of people get burned, too.

The reason I got involved with HQNT is because they have broken through the $7 range in the past and they have been profitable all the way down. The intense pressure from the one seller is done and there seems to be buying every day. It didn't take much buying to get the stock up because there really wasn't hardly any stock under 50 cents. Plus now there is way, way better news out. Heck, this company could make 20-25 cents per share next year easily and maybe 10 cents this year or more if the meet expectations.

In the short term, the float should be hopefully down to almost one million shares or less. The Money Flow and OBV have been solid.

I am hoping and thinking that this stock might be a lot safer than something ZOLT that lost almost $4M last quarter. We'll see, a stock that spikes is a lot of fun but I prefer one that goes up a little every week and builds a higher and higher base, based on fundamentals.

But, hey, good goin', not everyone can make 44% or more like you guys did on a momo.
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