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Microcap & Penny Stocks : Integral Technologies
ITKG 0.01300.0%Mar 26 5:00 PM EST

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To: Land Shark who wrote (478)6/7/1998 9:34:00 PM
From: Earl Falwell  Read Replies (2) of 1108
 
yeilds,

An "oversold condition" in my opinion simply means people that have held for a certain length of time sell some of their stock out of frustration. Its just my observation. Its also possible the MM's may have a big inventory. We are going to buy it back from them at a lower price and some may even be averaging down. ITKG stock is in friendly hands and its certainly not an alarm by any means if the price drops especially after recent developments.
The next time we have positive news we might see some new highs in the stock price. This is a BB stock for now and we must not loose sight of that. Isn't all this the reason why smart investors say do your own DD?
A friend of mine who is relatively new to BB stocks was concerned the other day about a stock he bought that had taken a dip. My question to him was, "what is your selling price"? Until that time nothing else matters if someone has done their DD.

Earl
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