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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (9013)12/8/2000 10:26:09 PM
From: Wayne Rumball  Read Replies (3) | Respond to of 11130
 
WTPE will vote on matters affecting the 48 point whatever forward split next friday, considering 90+% of the shares are owned by 2 people it's hard to believe that the vote could go any other way. AHHHHH but this is OTCBB, what am I saying.

Anyway, the split is most likely at least 2-3 weeks away, and I am crossing my fingers that people will get impatient (as they did today) and sell it back down to 1.50.

Just a little dream I have.....



To: Wayne Rumball who wrote (9013)12/9/2000 7:30:28 AM
From: ChrisJP  Read Replies (1) | Respond to of 11130
 
Hi Wayne, the stock that did the 8:1 R/S Monday was PLRXD. Looks like it was at 1/8 before the R/S. at 9/32 now.

quote.yahoo.com

Probably would have been better to just de-list.

Welll I cashed some stuff in on Wednesday morning because someone once said to take every gap as a gift, lol. Took a point on INSP between premarket and 10am on Friday .... thought the rally would follow through on Monday so I bought some FIBR and NEON, both of which appeared to be pushing against resistance. By 4:10pm it was apparent that tooooo many people have their fingers on the button in this market !!! Rats, lol.

Wayne, if you'd like to add some excitement to your trading, maybe you should try your hand at these two:

quote.yahoo.com

Chris



To: Wayne Rumball who wrote (9013)12/9/2000 6:47:29 PM
From: Tom Allinder  Read Replies (2) | Respond to of 11130
 
Well, Wayne, thats why I am not buying any "cheap" NASDAQ stocks... I will buy them (the good ones) once they get on the OTCBB.

These companies think they can save themselves from being delisted by doing a R/S... that only serves to run what few shareholders there are left out of the stock.

Also, not buying any NAZ stocks (or listed) stocks under $20 that have no bottoms on the chart... No telling how cheap these things might become.

Tom