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Microcap & Penny Stocks : SourcingLink.net, Inc.

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To: RikRichter who wrote (57)3/12/1999 8:08:00 PM
From: gregory a weaver  Read Replies (2) of 75
 
Anyone have an idea why this stock acts like death now that their key customers are actually deploying the product?

The price action would seem to indicate that those participating in the last round of financing in late November wanted to mark their positions up at the end of 1998 to juice up their results.

It's looks so obvious now that we're back in the $1 and change range. I had visions of $10+ as the daytraders took this baby to the moon. Sigh. I got too greedy.

At least the fundamentals seem to be moving along.
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