Rande Is. . .FISHING. . [under $1.50] Message Board

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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Rande Is who wrote (1636)	3/30/1999 10:17:00 PM
From: NoWhereMan	Read Replies (1) of 4766

Of the ones on the list, I follow DMEC. To add to Cola's comments, I think it's at or very near the bottom of it's trading range, but I think the road back up will be fairly slow. There has been some growth to the OS lately, and I'm not sure if it's over. Word on the street is that there is a signifigant short position in DMEC also. Possibly the same group who is adding shares to the float through conversions. Personally, I find it easier to cut my losses in a loser and move on to greener pastures. Don't jump into a pasture that looks green, do the DD to see if the soil is rich enough to keep the grass growing. Better to be in cash looking for a way in, than in a loser looking for a way out. But I'm sure XXXX is painfully aware of this now. One other thing. IMHO Being in so many stocks at one time has it's merits, but (based on the $ quoted) being in 10-15 stocks will run up a big comission bill fast. Unless XXXX is trading fulltime+ , consider following 5-10 stocks, and taking positions in 2 or 3 at a time. This way your DD is more focused too. NWM

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