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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Graystone who wrote (2415)8/28/1998 4:56:00 PM
From: Jay D.  Read Replies (1) of 26163
 
Just watch for big block sells now and then you'll know it's time to Sell! If all buys..great, but high volume and big block sells with little stock appreciation points to selloff/short time. MM will short sell the stock as it goes up and cover as the demand slacks and the price starts dropping. Unless of course you have a true real company/product here, but based on my experience with these pennies you probably don't, I truely hope you do, I've just been burned too many times and watched others get wiped out too many times on unfulfilled promises by these BB stocks. I have done no DD here, just making some general observations based on my 2 years of close experience with BB stocks. Most go nowhere, I have not seen one yet start below a buck and stay above $5 for more than a couple of days and return to where they came from (below a buck) and even those (maybe 2 in 2 years) are rare indeed. Good luck, I'll be watching.

Jay
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