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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: y2kfree_radical who wrote (44700)4/26/2000 10:13:00 AM
From: Tom Allinder  Read Replies (1) | Respond to of 150070
 
Problem is..... Even OTCBB/small cap NASDAQ companies that have value and are "undervalued" will not move more than a few pennies before selling off and returning to previous levels or lower levels...

Katie is right... the MMs have worn everyone out. It is hard to "trade" OTCBBs.. if you catch them early, it is hell trying to get out with a profit because the bid goes away in a hurry when it is finished.

This is why I am just buying and holding value now but still leaving a lot of cash for trading... Value being companies that will fly when the market settles once and for all...

Finally, The stocks that are moving are the heavyweights on the NASDAQ... Low dollar NAZ stocks act just like OTCBBs... sell off on good news or have a short run before being dumped... like IFSH this morning.

Tom