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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)

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To: Freddie Forte who wrote (26644)2/17/1998 11:23:00 AM
From: Kashish King  Read Replies (4) of 30240
 
The day's not over yet but where was I wrong? My guess wasn't perfect, but it wasn't exactly wrong either. The only hope for a trade would have been on a massive powerdive shortly after the open but now it's just too risky. They will be releasing six new products which will end up on free-stuff CDs or in the junkpile. I would not risk a plugged nickel on this company recovering. As for trading it, too risky, keep the cash. This stock looks like it's primed for a prolonged decline but whether it goes straight down or not is anybody's guess.
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