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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (19603)	4/15/2000 9:46:00 PM
From: freelyhovering	Read Replies (1) \| Respond to of 29382

Amigos--I found this while surfing SI. Perhaps a ray of hope. Myron Message 13435298

To: Sergio H who wrote (19603)	4/15/2000 9:50:00 PM
From: KZAP	Read Replies (1) \| Respond to of 29382

Thank You Sergio! The otc:bb market has suffered right along with the Nasdaq lately. The money is definately going into quality stocks. The otc:bb market has always been volatile. I like to trade them because of that. This year has been great for trading them! BTW, I'll agree that most are not worth holding more then a few minutes to a few days. But the Nasdaq is just as bad. We can go through a list of examples a mile long. If the (otc:bb) company is fully reporting and profitable then IMO it's as good a company as many Nasdaq companies. Really it doesn't have to be profitable yet, but on the way to profitability. PFTI is 43% owned by Soros, hit a high of $22 in the last couple of weeks. It's a bb stock. ANTX went to $4, I know you know that one well. ;o) SETO went to $3+ recently. Lots of news there. All the above examples IMO are good companies, even IF they are in the wrong market. On the other hand look at AMMB, it's a Nasdaq stock that was over 14 bucks earlier last year and it is now trading under a buck. Even with (IMO) better recent news. OSFT another Nasdaq stock, IMO is close to a scam. It went from a buck to $7 in a day, then continued to drop until they had to do a 1 for 4 RS to stay listed. GEEK IPO'ed at 13 went to 60 and Friday it closed in the 5 dollar range! PHCM was at $208 not long ago, ($416 pre-split) and closed Friday in the $53 range. I'll trade any of them if I think it will make a good quick move. I like to buy them either at the top or on the bounce. Anyway, I look for RTIN, QTEK & SETO to continue to be good stocks to trade in and out of and I don't mind getting "caught" holding them. They are otc:bb stocks that I have been holding for up to 2 1/2 years. ANTX also, I sold my last bit a few weeks ago. What are your current holdings? Gone to mostly cash? Happy Investing! KZAP