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Microcap & Penny Stocks : IATV - ACTV Interactive Television

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To: mike.com who wrote (4116)1/22/1999 3:22:00 PM
From: Ron Harvey  Read Replies (1) of 4748
 
The shorts are probably MM's who are trying to make a market, not that they necessarily want to but it's how they get trading-house business. Anyway, today saw the usual profit-taking, and while there was no sudden panic selling, I kind of took my own advice and bought another 3K, this time in my IRA, after selling some shares of a nonperformer. The trading seemed to steady at 5 3/8 bid, so I got my shares at 5 7/16, which seems like a bargain considering how well this stock has been trading the past week. I'm up to my eyeballs in it, along with another cheapie with compelling fundamentals: ATMS, which has had loads of good news the past couple of months and is just beginning to get appreciated for it.

Re margin, I've got a lot of my regular-account shares on margin, but I use various bonds as collateral.
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