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Microcap & Penny Stocks : Looking for a Bounce -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ who wrote (1562)	7/11/2000 7:19:18 AM
From: ChrisJP	Respond to of 1734

Hi Susie, just a little clarification on BVEW: Back in early April, BVEW plummetted from around 26 and opened the following day somewhere around 13 - 14. I don't remember exactly. That means that nobody owns any shares between 14 and 25, therefore there is very little built-in resistance between these 2 prices. So if the fundamentals continue to support a price increase, the rise from here to the upper teens should be relatively fast. On a cautionary note, the BVEW charts says it is approaching short term overbought ...... and it is earnings season. So anything can happen. lol Take care, Chris