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Technology Stocks : Stock Swap

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To: Joe Copia who wrote (14080)5/25/1998 1:52:00 PM
From: Patrick Slevin  Read Replies (1) of 17305
 
What an interesting way to meet.

Tell someone I don't know you and voile'.

I understand that point about posting costs $$. I don't know what the friction is between yourself and others, but that is part of the problem. As you say, some may say you hype and others do not sense that.

A muddled situation, to say the least. In any event, the potential for manipulation in the penny stock arena is certain to make people suspicious. Whether or not the intention was forthright.

So if you or anyone else were to reco something in the pinks it would behoove me to think not about your ability to pick stocks but the environment that we are speaking of.

To me, it's a high risk environment and the lack of liquidity is going to make any position a trader takes on subject to swings that make principles of risk management untenable.

If you are doing well with this that is wonderful; but undercapitalized traders may be affected by adverse motion. This may be why you get comments with regard to hype.
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