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Microcap & Penny Stocks : GTCI - get in before the news hits

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To: blessed who wrote (140)12/2/1998 10:13:00 AM
From: Jim Spitz  Read Replies (1) of 1541
 
Blessed,

Yeah, don't chase the MMs ask price. This stock, like many, many others, will fluctuate. I know how hard it is NOT to chase. I gave in the other day and paid the ask to increase my GTCI holdings. Later in that day, the price dropped to my original target for that day. Win some, lose some. The spread on this one doesn't always need to be paid. The spread is way too generous to the MMs.

Stay in the Black! jimS
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