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Microcap & Penny Stocks : INFE ... Infocall another Sleeper

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To: Jeff Harrington who wrote (681)5/23/1998 12:49:00 PM
From: Mike Ankley  Read Replies (1) of 10343
 
The test is not what happens Tuesday. MMs control the day to day price. These guys cannot predict that. Example: ICVI dropped on Friday even though the buying volume exceeded the selling volume. MM manipulation to create a panic selloff and short term traders will cause these day-to-day fluctuations.

INFE company fundamentals, press releases, and investors banding together based on a firm conviction of the fundamentals are what will counter those tactics.

So can these guys predict what price the MMs will allow INFE to rise or fall to on any day. Of course not. But can they predict what price INFE will eventually rise to based solely on the underlying company fundamentals ... Yes! Will they be there when the price appreciates to match what the company is worth ... based on my running observations over the last couple months at DGIV, I believe YES!

Cheers

Mike
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