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Microcap & Penny Stocks : Scientific Measurement Systems (SCMS) -- Ignore unavailable to you. Want to Upgrade?


To: jimmy lim who wrote (5061)9/8/1999 10:16:00 AM
From: Eric Fader  Read Replies (1) | Respond to of 5557
 
Jimmy - I agree. What I said about "inexperienced" buyers would apply only if the news is a couple of weeks away, and those buyers knew that but didn't know that OTB-BBs almost always get knocked back down at least part of the way after a big run on no news. The people who paid the .24 ask yesterday may have overpaid, especially if the offer dips back to .19 or .20 today as I expect. But if I were a new buyer attracted to the stock by the runup, I wouldn't hesitate to buy at .20 or less while we wait for the news. -Eric