SI
SI
discoversearch

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.
Strategies & Market Trends : Rande Is . . . HOME
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Allinder who wrote (2388)1/25/1999 5:32:00 PM
From: Rande Is  Read Replies (3) of 57584
 
Thomas, that is why I started the FISHING thread. . . If Jill ever get's around to letting me change the header here it will reflect the two threads new rules. Sometimes we go FISHING for OTC. But NOT the crap that gets tossed around like handbills at a Vegas convention. . . but rather REAL companies that actually have a chance of making major moves and holding them.

I was flamed all day long in private mail for saying WCTI was a fantastic short-sell opportunity. But think about it. Here is an OTC stock that sold for 2 bucks just 2 months ago, suddenly. . .with no substantial news of buyout, etc. selling for 35 dollars. And get this. . . it is a NON-REPORTING company. They could say they expect a 100 billion in revenues this year and are in talks to buy Amazon. . . without being accountable to the SEC, they can claim whatever they want.

Frankly, I hope it goes all the way to 50 dollars. What a short sell it will make. If you think there is money to be made by PRFM going up, think about how much there is to be made by shorting WCTI at 50 bucks a share [1000 shares at 50k], then staying short all the way down to .50 cents. . . then see a 1-for-100 reverse to take the value to .005 per share. . . now cover. Your 1000 shares just cost you 5 dollars. Do the math.

Nothing like a 49,595 dollar profit. In what? 6 months to a year? No wonder Canadian brokers spend winters in Boca Raton and summers in Vancouver. . . Shorting BB stocks is probably more profitable and less allegedly fraudulent than running EBAY.

Rande Is
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News