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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce

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To: Bill Fortune III who wrote (917)2/10/1999 4:33:00 PM
From: Wally  Read Replies (1) of 2994
 
Hi Bill: Nice to follow you over here. Actually, I have had RDIM in and out of my portfolio for about a month now. Bought/ sold and bought. Now I have another buy order in for tomorrow and I'm hoping (sorry all) for another dip.
The bottom line here is that I really like the way this stock trades. It reminds me of another "gem" we're both invested in - namely FNTN. This morning, I mentioned RDIM to a mutual friend of ours who I believe we both consider knowledgeable in the sector. He looked at RDIM's charts and said, "looks very much like FNTN" (which is his personal favorite). I told him that I came to the same conclusion and went on to name 3 or 4 other stocks that I thought were about to get hot or had recently bottomed. None of them came close to RDIM in relative strength or upside potential.
So my conclusion is, IF it "tanks" - buy more! I bought more today in the lower .90s just in case it doesn't retrace, and I'm currently placing buys in RDIM all the way down to .58 cents.
FNTN was occasionally generous enough to offer a great buying opportunity (even now) - but too often my fear overwhelmed my gut. I see RDIM as a slightly younger (chartwise) version FNTN - still on a see-saw at that 1 dollar resistance. Perhaps there is another great buying opportunity here, in part, thanks to the brief anti-internet mania that has slaughtered a number of 'em this week.

Regards,

Wally
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