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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying

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To: bullmart who wrote (911)4/22/1999 3:18:00 PM
From: Bob Trocchi  Read Replies (1) of 1305
 
bullmart...

>>COuld some one tell me why this is overvalued besides IPO tomorrow? Thanks.<<

Very simple. High expectations based on Internet hype creating more demand than supply. When expectations are not met or if they are not met, there will be more supply than demand and the stock price will drop.

The trick is either timing (which very few people can do) or to have deep pockets and can ride out the demand greater than supply.

In the end, fundamentals will win out and I believe that Tom H. has that very well in hand.

Bob T.
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