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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Bucky Katt who wrote (29662)4/15/2006 1:51:14 PM
From: Skywatcher  Read Replies (2) of 48461
 
"There are more people [like hedge-fund managers] that go to bed at
night with a hair trigger than ever before, it's an electronic herd,
they can give vent to decisions that move billions and billions of
dollars with the click of a key. We will have some exogenous event -
we will have that. There will be some kind of stampede by that herd …
"When you have far greater sums than ever before, in one asset class
after another, that are held by people who operate on a hair-trigger
mechanism, then they lend themselves to more explosive outcomes.
People with very short time horizons, with huge sums of money - they
can all try to head for the exits at the same time. The only way you
can leave your seat in burning financial markets is to find someone
else to take your seat, and that is not always easy ..."

-Warren Buffett
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