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Microcap & Penny Stocks : USTI UNITED SYSTEMS TECH INC -- Ignore unavailable to you. Want to Upgrade?


To: Popiye who wrote (907)10/12/1999 2:42:00 PM
From: Hubert Few  Read Replies (1) | Respond to of 1001
 
Popiye said:"We longs knew there would be no NR. Next step will be financials. Best wishes:)"

No, actually, we "longs" don't know anything of the sort! Never underestimate the role of outrageous chance in a scenario such as this.

It is conceivable (to me anyway) there *IS* news in the wings. Consider if you will the insult added to injury when there DOES suddenly appear a very much unexpected news release.

Pity the foolish person who sells into the lowest point of support seen in 5 weeks.....today could be the day. It is amazing how an unspoken psychological "trigger" was hit when the bid reached 12 cents. (judging by the avalanche of negative posts on RB)

I will now state with a fair amount of confidence that a great many positive statements made by a few "big fish" regarding the recent trading are materially false.

Even the most rank amateur knows the cliche about "catching a falling knife".

Anyone up for a little "show and tell"?

Here's mine:

Although my stake is probably smaller than many would admit to.

My first profits were taken at 23 cents, I bought more at 18 cents..(had a buy order in at 15 that I almost made)...I then sold ALL of my shares yesterday at 17.5 cents when I saw a pronounced (to me anyway) trend toward profit-taking.

I believe in capital preservation, which is why I would never be defined as a true "long" in some people's book.

If I lose all my money, I can't play any more! If I do see the stock nearing 8 cents again, I will be all over it with renewed vigor!

So, my cards are on the table now.....nothing I have stated above in any way detracts from the value of the COMPANY! I can not speak to the foolish emotional actions of "investors" (including all too often, myself) The best that anyone can ever hope to do is make a few dollars here and there and profit equally from the experience.

I did say from the "git-go" that credibility on stock boards does not exist, and that the most honest among us will admit to sometimes being dishonest.

Enjoy the ride....I will return!



To: Popiye who wrote (907)10/12/1999 11:14:00 PM
From: Popiye  Read Replies (1) | Respond to of 1001
 
Nice day. Expected more folks to sell today (maybe the stock has found support), but, maybe are more reasons to have a position presently. Now - if someone had said on this thread they had spoken with a company representative (by name) and said that company person said there would be a NR released soon, that might be different. Other wise, it is all crap for the newbies to believe the level of BS they want to believe. The company does not put out news releases. If, in doubt, call United Systems Technology, Randy McGee, 972/402-8600, and ask him their policy. Best wishes:)