SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (46135)5/8/2000 11:22:00 PM
From: Drex  Read Replies (1) | Respond to of 150070
 
Interesting....goes a long way in saying "take your profits and don't get greedy"



To: Jim Bishop who wrote (46135)5/9/2000
From: Qone0  Read Replies (1) | Respond to of 150070
 
Jim, like this vol. chart of the OTC-BB market?

.http://www.otcbb.com/dynamic/tradingdata/sharedollarvolume/share.htm

With that kind of drop off on vol. The MM`s will pull them down hard. Is this a near term bottom is the question? The year to year over all vol. has been increasing at a steady pace. Summers have always been the slowest time of the year.

. otcbb.com

This is the wild card. A slow time of year verses many less stocks for the yearly increasing volume to find its way into. The MM`s are playing a very dangerous game if they try to pull them down much lower. Many less shares in the market competing for more dollars.

. otcbb.com

This is perhaps the most telling piece of info. Go to the last chart at the bottom. Sub .50 cent stocks had 1,812 delisted. While .50 to 1.00 only had 77 stocks delisted.

Sub .50 stocks are still holding 53% above April 1999 prices. While .50 to 1.00 stock are down 1.33% from April 1999 prices.

We may never see sub penny stocks again due to this capital compression in the sub.50 market.

Its going to be interesting this summer. My two best trades last summer were selling CHES at .17 at a 17 bagger. And buying a large chunk of TEXN at .0825

CHES was the only stock that ran for me all last summer. It was depressing. But the buys I made during it and the fall at 52 week lows were exceptional...lol..

If one happens to run for me during the slow and bad time`s of the market. That would be great. If not I don`t really care. Given time they will all have their day. Slow time`s are the time for building positions at the bottom for me.