ICVI (now MTEI) Message Board

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Microcap & Penny Stocks : ICVI (now MTEI)

MTEI 0.00400

+66.7%

Nov 18 9:31 AM EST

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To: Just-a-thought who wrote (5031)	5/30/1998 7:33:00 AM
From: Just-a-thought	Read Replies (1) of 11850

Morning 'Newbies', a repost: I feel the mear mentioning of another 'symbol', thats close.. 'equal to' or lower in price than one you currently own....on it's thread is a 'BIG' mistake! I don't like raiding other bds....but....'Who am I'....This is 'America'...... 'God Bless the 1st Ammendent!!! IMO: If you have a position in a stock, the last thing you should do is to push 'another stock'(thats equal-to-or lower in price) on the thread of the stock you currently own! You take the chance of starting an 'artifical run' to the downside....you've shot yourself in the foot....or worse! There are other ways and places to get the word out.... 1) Start a thread. 2) Post in 'Hot Stocks'...'Penny Stocks' etc. 3) Pvt. e-mail's. Most of us have more that one position, so think twice b/4 you push another symbol on another stocks thread (that you own)! IMO, your rule of thumb s/be... "If the price of the stock you want to push is 50-75% higher than the price of the one you currently own"....Then post.(if you must) One other thing. 'Stop Loss Trades'......The MM's love'em, when a stock starts To experience 'normal profit taking' They reach down and gobble up 'stop loss trades'....and move the price even lower!!... Then you can have MM's trading amongst themselves just to 'inch' the price down.....ever see 5 or 10 buys....and the price goes down?......another one of their tricks is to delay a 'buy' to make it look like a sell!..... If we keep shooting ourselves,.......... pretty soon we'll hit a vital organ!....(like our wallets) Too many times at the end of a trading day we say 'OUCH'....and wounder.... 'What happened' to my stock!!...... I think these are just a few of the reasons as to what happened.. Just-A-Couple-of-Thoughts pvt jat

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