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Microcap & Penny Stocks : WCTI (Wordcruncher Internet) Search Engine of the future.

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To: Mark Haddad who wrote (4706)3/10/1999 11:15:00 AM
From: Smilodon  Read Replies (2) of 5300
 
Good luck,

<<WCTI is gonna make me rich>>

I don't think I have posted here before, but I do read the thread, I do manage a hedge fund, and I am short WCTI. This is a classic hype job. The odds of this actually being a successful business are so slight, any thought of being a long-term "investor" is ridiculous. You can make money trading the long side of this stock, but long-term, this is a short sellers game.

Low volume and a declining stock price will shake out many of the "strongest" longs. Holding a stock that may go to zero will try anyone's courage. And why take the risk. There are plenty of micro-cap stocks with lots of cash, sales, and cash flow. You can have the same upside with 1/10 the risk. So why mess with this?

Remember, Con-game is short for "Confidence" game. The victims are often the most strident supporters of the game until it blows up in their face.

Just my opinion of course,

Archer
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