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


To: Jim Bishop who wrote (53291)6/30/2000 9:42:39 PM
From: allii  Respond to of 150070
 
I have a couple sitting in my portfolio that I wish someone had given me a money back guarantee on!! :)



To: Jim Bishop who wrote (53291)7/1/2000 7:49:08 PM
From: myturn  Respond to of 150070
 
I have been in Bidder's shoes. I know exactly how he is feeling right now. Chasing all of these pennies thinking this one is going to be the next big hit.
It is going to take off.

Yes, there is no guarantees that VITC is going to be up two weeks from now. I am not guaranteeing anything concerning the direction of the stock price. I believe from my DD that it will be higher.

I feel for Bidder and all of the novice investors that jump in all of these pennies. Many of them don't pan out the way we anticipate them to because we have many flippers in them, MarketMakers shorting them or the company dumping shares.

The true way to play pennies is to buy them at or near their 52 week low and then forget about them. Buy them before anyone even begins to talk about them on any of these threads. If, if, if they pan out, then you hit the lottery.

VITC has made on run this year and almost made another run this past week. I believe from meeting with management that this second run has only begun. Time will tell. Over the next 3-6 months we will witness management fulfilling its promises and committments or we will see VITC back down near its 52 week low.

Investors today are very impatient and unforgiving with most stocks. Everybody likes a winner and everybody loves to be associated with a winner. VITC, I believe will be a winner.

Do your DD, call the company, verify the information, then decide if it is a sound investment. Don't chase the stock if it is up 100% unless the interest is too strong and it doesn't look like it is going to pull back any time soon.

Cheers

RG