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Microcap & Penny Stocks : PONY - Pan American Motorsports/American IndyCar Series
PONY 13.82-3.1%3:59 PM EST

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To: Bill Fortune III who wrote (47)8/15/1998 10:39:00 PM
From: Mark Buckshon  Read Replies (1) of 97
 
Bill, thanks for your response.

I think however I'll still steer clear of this one. OTC BB stuff has a tendency to be hyped and overblown, with more than a reasonable amount of scams and ripoffs (I am not stating that about this stock -- don't have enough information to form such a judgement).

If I were to play in this market sector (which is actually quite interesting), I think I would stay with the stocks of established organizations on the major exchanges. Some risk, sure. Possibly lower return if the BB OTC stock turns out to be a true find. But this one appears to be a case of a junior playing off the success of more established firms working on the more established exchanges. I'll look there first!
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