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Strategies & Market Trends : 50% Gains Investing

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To: Sheri Kohn who wrote (6318)5/19/1999 2:01:00 PM
From: Dale BakerRead Replies (3) of 118717
 
I will work on being obnoxious and insufferable if you like, but there are some in the BB stock world who think I already qualify.

Because I am a position trader, I only pull the trigger on a day trade when the L2 picture is just what I want. That leads to 2 - 5 day trades per week usually.

Someone on the XSNI thread dug up a February 1 release which has some fragmentary financials. They key is the company increasing the authorized shares from 50 to 100 million for future financing. That means mega-size discount convertibles and dilution.

And no one over there noticed. Company's revenue run rate also seems to be less than $4 million. I couldn't find this release one their Web site. Why am I not surprised.
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