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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ)
BNEZ 0.00Sep 18 5:00 PM EST

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To: Elio Madama who wrote (3035)10/2/1998 12:02:00 AM
From: lakers17  Read Replies (1) of 9391
 
Elio,

The stock market does not work that way. The stock is going down because as Leyroyt says and I agree, we have had sellers. A lot of these sellers bought shares at lower levels than we could because of the reverse split we went through. Don't kid yourself. I know personally from PM's that some of the BNEZ shareholders have sold some shares off to take some profit. Please do not ask me to name them. You have to be kidding yourself thinking the market makers are scared. They know how the game is played and they have the inside track not us. The stock goes from .14 to .46 a 229% gain and you're upset? BNEZ went up big five or six days in a row. This could not continue. Even the 50% price drop has still netted BNEZ the 229% gain. BNEZ can only do two things tomorrow...go up or down. If it closes down you'll be screaming market maker and SEC again. If it goes up you'll think it was because of you and your posts scaring the market makers. Please! If there is a lot of buying tomorrow and very little selling the stock will go up. If there isn't major buying pressure or news it could come down. A lot of smaller investors will gamble on a stock under .20 but as a stock is near $1 it's going to keep a lot of the smaller investors away. All the small investors buying at low price levels adds up. Elio, you should also know better. Follow almost any penny stock. After a major run up almost all of them pull back quite a bit. Any investor buying near the end of the run up usually finds himself in a losing position till the stock's next move.

Lakers
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