Trim a Lawn - (TLWN) Message Board

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Microcap & Penny Stocks : Trim a Lawn - (TLWN)

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To: jmt who wrote (394)	3/20/1999 5:06:00 PM
From: Jack Kennedy	Read Replies (1) of 1522

jmt, you make some good points, however, I don't think you fully realize that the OTCBB market is not really a place where fundamentals rule in share price/valuations and I think you know that. These stocks move on momentum for the most part, and I've seen companies with little or no cash and no useful products move a heck of a lot faster and higher in shorter time periods. People for the most part are here to make a quick buck and then get out. Others may want to stick around for the long-term to see how this company develops and possibly entertain buyout offers etc. and that's where your analysis comes into play. "Rumours" of big retail deals, good earnings, profitable acquisition etc. will (in the short-term) drive the share price much higher than the 52-week high IMHO. Whether it stays up there is of course an entirely different matter. Regardless, it should be interesting to see how this plays out over the next several weeks.

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