Microforum (MCF:TSE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Microforum (MCF:TSE)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: arisetech who wrote (1185)	4/25/1999 12:05:00 AM
From: Syncrude	Read Replies (1) of 3896

Tim, On the contrary. The volume figures combined with the trading range shows that this stock attracts short term speculators. I can't envisage INVESTORS going all out on this one, until MCF has demonstrated that it can and will attain the critical mass needed to succeed in e-commerce. No matter how many press releases that are put out, including the once touted NASDAQ listing (ever imagine just how many stocks are listed on NASDAQ?), the market is not giving high marks to MCF. It may yet surprise us, but right now I just don't see it. Tim, your quote on GLE as a very active stock, is a very good example. We all saw what happened to GLE which only announced a 2 year trial! It went up unreasonably high and then crashed. I think you will agree that being high on the list of most active stocks is not always a good sign. Especially when you look at the recent trading range for MCF. It would be too bad for MCF if the market's expectations were to be too high. As you know, the slightest disappointment (even if the expectation was unrealistic) will punish a stock severely.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next