SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : THE OZONE COMPANY! (OZON)
OZON 11.600.0%Dec 1 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ie Coan Bie who wrote (2173)1/3/1998 9:38:00 AM
From: Cents  Read Replies (1) of 4356
 
That post is almost identical to one I saw posted on a thread called FA,TA and everything else...somebody is plagiarizing someone...anyway I agree in principle with that BUT I think TA applies usually when the stock is over $5...AND an exception is when a stock is heavily followed by TA people! The momentum traders love OZON as well as a few day traders. I don't think the shorters like it too well anymore though but they'll be back too on a runup...all those investment philosophies use TA and if they are quick they make money with it regardless of the share price. Let me put it this way...if the TA followers all believe it and put their money on it or take it out then the sudden influx or withdrawl of the cash adds or removes liquidity from the stock causing the theory to be a self-fulfilling prophesy. The money they make is real though and each time more and more decide to hold long reducing the float. Eventually the reduced float, in conjunction with increased demand by more people having the stock on their watch list, cause the stock to continue to rise in price from a long term perspective . Whats nice about OZON are all the wildcards unplayed as of yet! Once the share price passes different levels it attracts different kinds of investors! I mean the margin players, FUNDS,etc....those will be great days should that occur. I see many stocks with far less potential trading as high or higher and I know that with the wildcards played...contracts and such...the momentum players will become at least medium term holders. Ask Joe! He said that he is a momentum player! We shall see!
Long and Loving it!

Cents
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext