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Microcap & Penny Stocks : Z - The Venator Group
Z 74.44+0.4%Nov 26 3:59 PM EST

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To: Joseph H. Leiti who wrote (31)3/11/1999 1:14:00 AM
From: Ron logo  Read Replies (1) of 66
 
Took a small position also joe, At higher levels. If we can break to the upside above $5.00 again I will put on a bigger position. I think at this point the risk is minimal. We will also have shorts coming into the market at these levels to cover there positions. Especially since everyone knows that even a negative press release at these levels did nothing to move the price down. IMO there will be short covering and minor speculative buying at current levels. The $5.00 mark is also key for many investors margin requirements. Many investor will play a stock because it is marginable. Watching closely to add. Comments?????? Kind regards...........RON
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