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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (2727)9/28/1999 10:13:00 AM
From: M. Walton  Read Replies (1) | Respond to of 4766
 
William...

I have another stock of interest for you - sorry, it's another Canadian one, so your system may not apply, but one worth looking at IMO.

The company is called Home Ticket Network (Alberta Exchange under HTN). Currently trading in the .75-.80 zone. This is a company that is trying to break into the online ticket business (an industry quite undeveloped thus far in Canada) and has managed to forge some strong strategic alliances with the right players (e.g. Bell).

In addition to a good concept, they have managed to attract some heavyweights from the industry to support their company. This includes an executive from LiveEnt as well as some sales personnel from their major competitors (e.g. Lasergate).

The stock has been pretty stagnant of late, but financing is in the works and some announcements re: initial contracts are pending. I think the fundamentals of this one are good.

I have noticed this morning that the volume is way up on this one - some major block buys are happening. Volume is of course low compared to the other major indices, but for this company 70,000 shares within the first hour is significant. I suspect some news is imminent.

I would be curious to get your opinion.

MW