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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES

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To: MoneyMade who wrote (2355)1/6/1999 7:44:00 AM
From: Dr. Harvey  Read Replies (1) of 15987
 
The supply of stock in FTRK has probably been cleaned up. Yesterday it was learned that some $100,000 or so were purchased via 504, (see Dave Gore's post about it) and that explains why the intense buying was unable to move the stock. Prior to that a 20,000 shares buy order would have stimulated a 50 cents rise.

If what we have been told is true, we should anticipate major activity either during the CES show, or shortly thereafter.

FTRK seems to get incredible industry press and attention at these shows, and at the last big satellite show, they announced agreements with Direct TV and Echostar. Based on that I am now expecting to see follow up announcements and maybe some new ones.

FTRK should be making a serious splash at this show.
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