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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?


To: Tom Allinder who wrote (3125)1/22/2000 7:31:00 AM
From: Mr Metals  Respond to of 4792
 
Read....

Message 12645157



To: Tom Allinder who wrote (3125)1/22/2000 8:28:00 AM
From: ChrisJP  Respond to of 4792
 
Hi Tom and Lance,

I think a lot of us who have been around for a while are puzzled by the recent OTCBB phenomenon, and I am starting to chalk it up to the confluence of several factors:

1. Small caps all of a sudden are hot ! I have no idea why, higher interest rates are supposed to crush them, for liquidity reasons, mutual funds can't take serious positions in them, but maybe the public is tired of the DOW "old industry" doing nothing and and is addicted to higher gains. We all know that up until October, while the DOW and NASDAQ have doubled, the Russell 2000 did nothing. So the rotation was overdue.

2. MMs are running OTCBB stocks that are destined to go pink and spend eternity there. (my personal favorite <g>)

3. The large number of OTCBB stocks sent to the junk yard represents a HUGE AMOUNT OF CAPITAL OUTFLOW. This money has gone into a select set of fully reporting OTCBB stocks, which now that they are reporting, can be properly evaluated. This is my number one explanation for what is going on !

4. As more people go online, they start visiting places like SI and RB and see some of the huge quick gains that occur in OTCBB-land. Sadly, many will learn about the huge, quick percentage losses that can happen too.

Just my thoughts,
Chris



To: Tom Allinder who wrote (3125)1/22/2000 11:28:00 AM
From: Aj-Ruk  Read Replies (2) | Respond to of 4792
 
LOL, NSKY & TSIG, between the two of them I think the market cap is around $1 BILLION! This trading game is full of inbreeds. (Most of them wealthier than me right now!)
AJ



To: Tom Allinder who wrote (3125)1/22/2000 5:43:00 PM
From: LANCE B  Read Replies (2) | Respond to of 4792
 
SSXX,AMFR,SITK- WHO SAYS WE ONLY KNOW THE PENNIES...

for those that are wondering lately why we have
started mentioning stocks like WSST UNDER 4 DOLLARS..
UTCC AT 12.00 ,and now the last 3 that are still moving north,
it is because if you do good d.d it does not matter what price your stock is....plus,with these stocks they have better fundamentals and strong inside company support and better futures for long term investing...(plus of course our pride and egos for all those that say on other threads we are only able to move stocks because they are pennies and easy to manipulate...)
if you would follow our higher price stocks and did long term investing,i guarantee you will see our stocks continue to go up long after we have mentioned them...these are undiscovered strong solid companies....
SILICON HAS A PORTFOLIO TOOL- put these stocks in there and some of the others that tom will bring here this year and watch for yourself..i have put tom up to the challenge to search these stocks out that just need a push...for those that caught my post on CEUS
at 5.00 last month,you are now being well rewarded....



To: Tom Allinder who wrote (3125)1/23/2000 12:49:00 AM
From: Eric Fader  Respond to of 4792
 
Tom - most of the sub-dimes that are moving have promoters who know how to give the stock a little push. Once they get rolling slightly, the bizarre market takes over. The one that astounds me the most is ABRG - they had a whole gang of Vancouver's finest trying to move that lump of, er, coal for months and could barely get it over a dime on pumps, but now.... This will all end badly for naive lemmings, I'm afraid. -Eric