SI
SI
discoversearch

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.
Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Paul A who wrote (2825)8/4/1999 6:43:00 PM
From: Phil(bullrider)  Respond to of 10293
 
Paul,

Id really like someone with a bit more experience than myself to explain why stocks such as CVSN and REFR hold steady/move up during market turmoil...

I don't know about my experience, but I believe the scam stocks tend to be more manipulated by insiders and MMs than normal free trading companies.

Have fun,
Phil



To: Paul A who wrote (2825)8/4/1999 6:43:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 10293
 
<<I covered my REFR today in the hopes of getting positioned better>>

A mistake. REFR should be shorted at any price over 0.

<<but this thing is like watching paint dry!>>

So what? There are many worthless companies that seem to hang on for long periods of time. However, it is 100% certain that eventually their underlying value (or lack thereof) gets reflected in the stock price. Every day REFR remains marginable is another day I can take a whack at it.

<<I smell an upgrade coming for CVSN also.. Id really like someone with a bit more experience than myself to explain why stocks such as CVSN and REFR hold steady/move up during market turmoil...>>

They may be thinly traded or there may be deliberate manipulation.

<<Even CUST was strong today>>

My guess is that the gamblers simply played around with the stock the whole day until they were dumped on by real sellers near the close. CUST is headed back for the low single digits.