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: lakers17 who wrote (66213)10/4/2000 8:12:45 PM
From: Jim Bishop  Respond to of 150070
 
If it doesn't happen, I guess I keep on churning up and down, and building up the commission rebates...and LOL wait for just one, of the 9 shells I hold now, to come through.

One thing about the penny shells, once I have a position, I treat them the same as lotto tickets, except I don't know when the draw will be, or money in a slot machine and not knowing when the dials stop spinning.

Not investments, pure gamble, money spent, gone unless I get lucky...no luck, rip up the ticket.



To: lakers17 who wrote (66213)10/4/2000 8:59:02 PM
From: amadeus  Read Replies (1) | Respond to of 150070
 
seems like the otcs only get big volume when the naz is
moving forward with strong sustained momentum, and traders start looking for small/micro caps that aren't so overvalued, and have potential for large gains...
don't know when that will happen, but when it does, otcs will come back.
meanwhile right now, until the market finds it bottom, consolidates, and starts to move forward again, with otcs its a bit like looking for the proverbial needle in the haystack to find the occasional ones getting the volume and momentum... they're still there, just much harder to find.
imho



To: lakers17 who wrote (66213)10/4/2000 8:59:58 PM
From: LANCE B  Read Replies (2) | Respond to of 150070
 
i dont think we will ever see a time like
jan-march again that we had this year..that was
rare and incredible,it does not mean that they will not be good times and ways to make money,but i do not think you can expect that kind of market to pop around the corner every year,if lucky it could be like an el nino and show up again in a few years..
the main problem with the otc market is fear,every other market has had bounce days and slight recoveries,the otc market does not offer that kind of plays..

i do not post out of frustration,because i have only suffered 6 losing days total this year,if there is a way to make money in the market,i will find it..today for me is was utdlw...

but it does not mean i do not have level 2 and see what they do with iftp on consistant news of incredible profits
week in and week out..or even yesterday with ATTP..
as soon as news comes out they run it a few cents without taking any orders,have people chase it,then 10 minutes it is almost like you can hear the whistle blow and they take it back even lower then when news came out..
great way to take the same shares you just ran up and sold and get .05 cents a share profit on them...

i have said for a long time the only way you make them pay is choose not to play..you seem to ignore my statements and keep throwing money at them..well,for all those pm's that ask me if it is that bad,my portfolio is up every month this year very nicely and i will continue to make money,most of the time buying the stock that is down 40 or 50 percent that day that they scared you out of just for 5 minutes for a 5 percent swing...

you can choose to make a difference in how they operate..
your money....i dont buy that this market is a trickle down theory,this market operates under its own guidelines and since there is no eyes watching are run completely by the mm;s,with the ecn's cutting into there pockets,here is where they try to get it back...
mm's do have contact with each other,they do play for each other and do favors in exchange for other favors in other stocks and they do steal from us...that is the bottomline,do not look at the nasdaq,do not look at the dow,they do not make up the structure of how the otc market goes.....