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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail

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To: James W. Bradsh who wrote (1450)7/29/1998 11:49:00 AM
From: Sterling  Read Replies (1) of 1800
 
On the exact trading points,

the best I have ever been able to do is get "in the general area" to buy or sell. Anything better than that I have attributed to dumb luck.

Lately it has puzzled me slightly that some comments here and there implied that many of us long term holders were anticipating a very large share price rise in the immediate future. I've never read it that way. We have to wait for the late Fall through Winter period. And you have made it clear more than once that the 1999 to 2000 period is a good time range for product acceptance and adoption.

I expect a loss in Q2 when reported and I expect some share price weakness during that time. All those large sell order that were stopped out of late during the general market index declines, were also picked up on the bids in large size trades. So I believe we are seeing a continuation of large holder support. These price adjustments are probably no more than reflections of a few portfolios that need to manage a variety of other price declines.

Current trading range ($2.75 - $3.25) seems like a reasonable consolidation area. Possibly we'll see one or two dramatic spikes down to $2.50 or so. Those should be short lived as buying opportunities.
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