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Microcap & Penny Stocks : NYRR,What is going on? -- Ignore unavailable to you. Want to Upgrade?


To: judge who wrote (3950)6/8/1999 4:24:00 PM
From: mivicap  Read Replies (2) | Respond to of 4304
 
Many people are buying at any price; check the transactions -the number of trades and you will see that there are plenty of buyers. Everyone but everyone knows about NYRR and now that it is a viable company BUT there are the day or spot traders that are taking profits and they drive the price down ,scare the smaller and weaker investor into selling and then it starts all over again.HOWEVER THIS STOCK WILL GO UP IN SPITE OF THAT AND IT WILL BE A $2.00 TO $2.50 PER SHARE. THERE IS SOMETHING GOING ON HERE UNDER THE SURFACE OF ALL THIS BUSINESS ACTIVITY, MAYBE A MERGER OR A BUY-OUT AND THIS WILL SEND THE STOCK UP FOR SURE.MEANWHILE HOLD ON TO YOUR STOCK UNLESS YOU WANT TO GUESS LIKE A DAY TRADER.nO OFFENCE AT THEM, THY'RE JUSY TRYING TO MAKE MONEY LIKE US BUT AT SOME OF OUR EXPENSE.