ETPI-Military Entertainment Enters Civilian Market Message Board

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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market

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To: PREFSTOCK who wrote (3446)	2/7/1999 5:32:00 PM
From: Toby Zidle	Read Replies (1) of 4767

If ithasnospaces wants to show contrasts in Msg #3447, I offer those two messages from PREFSTOCK: On January 19th: techstocks.com 30,000 are in at .74 now and 60,000 is in at .73, I call that support. .77 offer soon. On February 7th: Message 7701313 We seem to have support at .30 bid. Quite a turnaround in 3 weeks. No wonder serious investors don't bid on this stock. It looks like upward moves have become only temporary levels where opportunists take profits, selling to new buyers who panic when support gives way. They take their losses selling back to the very same 'investors' who had sold at the prior surges. Is there anything wrong with that? Probably not -- it's how some markets work. But let's not kid ourselves that new long-term investors are coming in. The evidence just doesn't support that.

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