TSIG.com TIGI (formerly TSIG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BigAppleBoy who wrote (9893)	11/17/1998 11:02:00 AM
From: Dave Gore	Read Replies (1) of 44908

Don't be too sure about this falling back much. There was real buying the last few days, and this stock broke out of a 17-23 cent range. Sooner or later a stock like this gets over the hump and doesn't look back. With the PR push in midstream, I'd be careful about trying to pick this up too cheap. Penny stocks that are much lower quality than this have been making runs lately. Big buyers seem to be coming back. BNEZ ran from 14 cents to over $1.00 in 6 days. PTHR ran from 6 cents to 28 cents in a few days I'm sure others of you have noticed the other stocks doing the same thing and many even had way more shares outstanding. I personally think the new bottom is 22-25, we shall see. The next test should be in the 40 cent area, then mid-50's, then $1.00. Someone who is a better chartist than I should have a look and report back.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next