SETO Semicon Tools Inc. Message Board

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Microcap & Penny Stocks : SETO Semicon Tools Inc.

SETO 0.00630

-10.0%

Nov 5 11:11 AM EST

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To: TraderGreg who wrote (1845)	3/16/1999 9:32:00 PM
From: lakers17	Read Replies (4) of 3222

Hmmmm... Just like I said it would happen. Most investors in penny stocks still do no or minimal DD. They rely strictly on e-mails, newsletters, faxes and hype on these boards. I recall posts about SETO hitting $3-$5 this week. These investors will lose 90% of the time or have to wait a long time to get their money back. Add to this the threat of a reverse split in some of these pennies and they lose big time.(I am NOT saying SETO will be involved in a reverse split I am talking about other pennies) I will give my opinion although it will once again anger one poster in particular. I will wait to see if SETO moves down into the .40's or .50's and buy a small amount. If it continues to drop I will buy more and average down. If SETO goes up I lose out but so be it. I do not fall in love with these companies and there are many other good buying opportunities out there I just have to find them through good DD. I like SETO but I'm not buying a stock that was .19 near it's 52 week low of .14 a very short time ago. Penny stocks have a way of coming back down to earth until significant revenues and earnings start. If SETO doesn't go up for a while it is a shame that investors will be left wondering what happened. You've been pumped and dumped. Lakers

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