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Microcap & Penny Stocks : DD Central on ECNC (formerly BETT)

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To: Jorjenzak who wrote ()6/4/1999 6:14:00 PM
From: Jorjenzak   of 266
 
To: Fli-by (1838 )
From: Val Ryjouk Thursday, Apr 22 1999 11:16AM ET
Reply # of 2432

Fli-by.
My intake on the current situation. (This means it is not objective :-) I think we may see the slide. Some people need their money, some are waiting for dips, some are satisfied with the return. It is a great return, though. And MM will take full advantage of those sells. The very good signs, IMO, are 1. Bid-ask gap is big - that means, MM are not into driving the stock to the ground. 2. The company issues the releases on ANY movement - that means, it has very good sense of relations with shareholders 3. THE BIG ONE: the company has very good prospects and developments - that means, I will think twice before I sell int any dip. I want to participate in the implementations of those developments.
So, I don't worry. I wish luck for anyone, who sold. And I know - we are on good side, because this stock behaves as small cap stock, not a penny stock.
Val.

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