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Strategies & Market Trends : WELCOME TO THE CATHOUSE -- Ignore unavailable to you. Want to Upgrade?

To: Danfan who wrote (311)	9/30/1999 10:25:00 AM
From: ivan solotaroff	Respond to of 1065

BJCT Danfan, Before my HNV and ZONA mishaps, I'd done well for the year and 65% of it came from penny cats: ALTN was a biggie in January. VRGN a little later, then BJCT. They're acutally quite predictable (you know that shills up in Canada and MMs are doing the shorting) and, because of my commission schedule, cheap to play (not percentage-wise, of course, but it only has to go up $.02 before I'm at break-even with the sheisters at my broker, Ramem, Cornhole, and Wipe. Delisting, believe it or not, tends to make the stop shoot up (like getting an "E"). The only real danger is of the stock halting trade. That happens a lot. I don't know what happens to you in that event, and hope I never have to learn. A few imminently future penny-cat candidates are SEW, AAM (which I bought too high, believe it or not), and LJPC. In the long run, I wouldn't be surprised to be penny-trading FEET, ABTX, SBTK, and, actually, quite a few others. Like the man sang: "Penny cats Are in my sights, and in my portfolio ..." Ivan

To: Danfan who wrote (311)	9/30/1999 11:51:00 AM
From: ivan solotaroff	Respond to of 1065

PETM Don't know if any lurkers are in this one. The DLJ client is STILL selling, though only 170k so far today, so his invetory may be close to drying up. This one should get to $5 once he gets done. There's plenty of demand, and as far as I can tell, nothing but this creepy little joy-juice slurper that's keeping me from my hammock in Trindiad/Tobago. Steel drums. Mangoes. Plish. Plash. Hang ten. No way. Los Cubanos. Las Brazilianas Everything's in place, but for this little weasel ...