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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Hamlin who wrote (3275)12/19/1999 6:53:00 AM
From: Condor  Respond to of 5053
 
Re: Your "Some is based on the $$$size they can take down and still maintain reasonable liquidity."
Bingo! on a $1.00 share trading 150,000 shares a day there is little room to manouever for larger investors, but at $3.00 a share on 350,000 a day the larger investor is more apt to become involved and play since it becomes worth his while. He may not be interested in eating up his time playing with 20,000 shares at the $1.00 range. It is not very comfortable to be holding more shares than the daily trading volume. Larger volume and larger price entices more and larger players into the stock. Success breeds success.
C



To: Kevin Hamlin who wrote (3275)12/19/1999 9:28:00 AM
From: Keith Minler  Read Replies (1) | Respond to of 5053
 
Hi Kevin; good points, also once we pass $2.00 dollar level then many brokerages will allow margin, which will greatly increase many players buying power.

Once we get enough volume to guarantee liquidity then the daytraders will be here in force.
Later

Keith