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Technology Stocks : SRUN : STARUNI CORP -- Hot new ISP in California

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To: Cosmo Kramer who wrote (4)2/13/1999 2:07:00 AM
From: LazarusRead Replies (1) of 47
 
SAY WHAT!

Do you think that becuz a stock has zero volume or goes down that it is a waste of time?

Mark ... If you have the right company ... it doesnt matter if the volume is zero and the price goes down [short term] and the dreaded YK2 Apocolyps [sp] arrives. If the company goes about its business --- increases subscribers, grows its e-commerce, etc. ... then revenues will increase and the price will eventually be reflected in the stock.

Currently ISP providers dont have to be profitable to maintain a firm price. Investors are banking on future profits.

As time permits I will have further contact with this company. I may even visit the company. I will do my best to keep this thread updated with what I find. If upon further investigation I find that I made a bad call...I will be the first one to admit it.

IF they do increase their subscribers and continue to put out good news...the stock will rise so quick so fast that you would likely not be able to get on board.

Its pathetic that in the internet invironment so many pple want to get into a fast moving stock and make a quick buck. I can tell you that a lot of pple with that attitude are loosing $$ not making it.

Hey -- I bought SATI yesterday and today there was no volume today. I bought ELXC at .17 the other day and it went down to .13 and I bought more and it went down to .11 and I bought more and it went down to .07 and I bought more.... I hold CTKT and if the volume dries up and the share price goes down further, I will probably buy more.

Hey maybe I am nuts --- but give these ones a little time and see how they do....If it turns out I am wrong...my folly will be apparent to all.

BTW...I mentioned a company on SI about 3 months ago and said that I had bought shares...ALBM. When I mentioned it the bid was .001 and the ask .02 [bought mine at .015] Well...the stock sat around .02 for around 3 months...and was probably one of the best performers in penny world the last two days...closing today at .10 X .12.

Barginstocker
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