Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: SSP who wrote (85767)	6/2/2001 6:23:11 AM
From: bbgold	Respond to of 150070

Hi Steve, Interesting story Eh? As in most cases of a companies or MMs manipulation of a stocks price the correct phrase to use when addressing the shareholders concerns is usually Operation UP THE WHAZZOO! Have a Great Weekend Steve! Are you up early? I am up late and hitting the sack. Take Care Steve, bbgold :^)

To: SSP who wrote (85767)	6/2/2001 1:11:34 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

I must have been away, missed this article by GA a couple of weeks ago. otcbbnn.com The Cults in the OTCBB By Giando Argentina Published by OTCBB News Network 05/16/2001 A stranger at a mall walks up to you and tells you that XYZ stock is releasing news shortly and is poised for a great run. Would you sink your money in XYZ? Probably not. However, what is it about the Internet and its ability to tear down our defenses that allows some to form opinions by what an anonymous message board poster writes? Most message boards seem to foster a cult mentality of accepting anyone with positive statements about a certain stock while shunning away anyone who brings up a negative point for discussion. It is an odd consortium of individuals from all walks of life meeting on message boards to support the stock they own and to attempt to convert as many as possible to their point of view. My most often visited message board community is Raging Bull. Unfortunately, the discussion of stocks is fading into all out brawls. It did not always used to be this way, maybe it’s the down market or maybe it’s the fact that people have realized that on a message board they can be anyone they want. One thing that is obvious is that the OTCBB tends to attract more of the fanatical investors than the larger markets. It is not as likely to find investors or traders on a large cap message board arguing with each other, or expecting the stock to be the answer to financial independence. The ability of some OTCBB investors to remain faithful to companies that time and again are involved in questionable activities is interesting to see. That is another aspect that you just do not see on the large cap stocks. The possibility of incredible gains may be some of the motivation behind the message board “discussions” but with that, the possibility of incredible losses is usually not explored. Credibility is an often discussed point on message boards but keep in mind that exchanging a couple of posts and emails with someone does not necessarily give them credibility. In addition, sharing the same opinion on a stock with one or a multitude of posters does not make the opinion correct. Many on the message boards are becoming part of a crusade against short sellers, Market Makers and the system as a whole. While movements for reform can be positive if executed in a meaningful way, try not to lose site of why people invest in stocks in the first place. It is to make money, period. There is a time to sell and move on to something else, becoming fanatical about a particular stock or company may distort your defense mechanism and it could prevent you from recognizing the all too important red flags that arise from time to time.

To: SSP who wrote (85767)	6/2/2001 1:21:09 PM
From: Jim Bishop	Respond to of 150070

And this one from GA as well, and we sure have seen first hand and Live, the many times he's first with the news alerts. I have made bold some of the comments, hope GA doesn't mind. otcbbnn.com Trading the News By Giando Argentina Published by OTCBB News Network 05/11/2001 One of my favorite trades in the OTCBB is the news play. As many are aware, the news play consists of having a fast source for news and a fast broker. The object is to buy the stock before the majority of the other traders and investors have a chance to enter their orders. Although the news play sounds very simple, there are some things to consider before deciding on whether a particular stock makes for a good news trade. First and foremost is whether the news has leaked out already. I know the idea is that all the market participants should have a chance to view the Press Release at the same time, this is rarely the case. News seems to leak out on a regular basis, so the next step is to try to determine how many people this leak has reached. On occasion traders witness stocks have a 100% run up on a given day only to see a Press release the next day. It would be simple to deduct at that time that the news play is probably out of steam from the start. The downside of executing a trade on a news play that has already enjoyed substantial gains in the preceding day or so before the PR is that the buying from the news will probably be met with substantial selling pressure. The traders that bought on information of an impending PR will normally look to sell into the buying and lock in profits. Although many of the trades executed seem like buys at ask they are actually sells. Some traders make a habit of selling at the ask. If the Market Makers take the trade at the ask then the traders realizes the spread as gain as well. Something that I have noticed when I execute a buy at bid or sell at ask is a double print. In other words, if I sell 7800 shares at the ask the Time and Sales log will show two 7800 share trades back to back and vice versa. While certainly not fool proof it can sometimes let me know if real buying or selling pressure is present. The only way to know if a Market Maker will execute a sell at the ask is to try. This then brings us to the often-used phrase of Market Maker Manipulation. Investors often wonder how the stock they just bought because of a favorable PR is down ticking on a string of buys. It may not be Market Maker Manipulation at all. It may be the traders lucky enough to have advance notice of a PR are selling into the buying and ‘hitting’ the ask. This usually happens on stocks that have had a substantial increase in share price shortly before the PR. The news play can be very lucrative as a short-term trade. The content of the PR is also important, an ability to quickly scan a PR and be able to decide whether the content is of substance is key. A quick look at the chart to see if the stock has realized a sudden increase in price prior to the PR is also important. Lastly, let’s not be too quick to blame the Market Makers if our stock is not going in the direction we hope for or think it should go. There are other factors that move a stock and many times a trade at the ask is not a buy and a trade at the bid is not a sell.

To: SSP who wrote (85767)	6/2/2001 1:26:28 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

And this from Michelle is a very handy article, most here should be familiar with the letters, but if you don't already have them in memory, perhaps print this out. otcbbnn.com Fifth Letter Identifiers on Stock Symbols Written by Michelle DeMeritt Published by OTCBB News Network 04/30/2001 Ticker symbols on the OTCBB are comprised of four letters; occasionally we see a fifth letter. Sometimes the fifth letter is permanent other times it is temporarily appended. The ‘E’ and the ‘Q’ are the most widely seen. The ‘E’ denotes a company that is currently delinquent in the periodic filings with the SEC. The ‘E’ appended as the fifth letter to a stock symbol shows that the company is in a 30-day grace period (occasionally 60 days) in which it has to file their financial information with the SEC. If the company fails to file - it may either be granted an extension or will not be allowed to be traded on the OTCBB but have to resume trading on the Pink Sheets. The ‘Q’ denotes a company involved in bankruptcy proceedings. The daily list at the OTCBB website is extremely useful in determining which companies may be appended with the ‘E’. The ‘Q’ and ‘E’ qualifiers may not necessarily mean a company will make for a bad trade. As we have all noticed from time to time, even a bankrupt company can be traded for some nice gains. It does mean that investors need to be aware of the fifth letter and what the possible ramifications are for the company in question. This is the full list of fifth letter identifiers compiled from the OTCBB website. A Class A B Class B D New (on Nasdaq listed issues - Reverse Split) E Delinquent in required SEC filings F Foreign securities, except ADRs G, H and I Additional warrants or preferred J Voting K Nonvoting L Miscellaneous situations, such as stubs, depositary receipts, second units, or additional warrants or preferred M Fourth preferred, same company N Third preferred, same company O Second preferred, same company P First preferred issue Q Bankruptcy- involved in bankruptcy proceedings R Rights S Shares of beneficial interest T Delinquent in filing U Units V When- issued and when-distributed W Warrants Y ADR (American Depositary Receipts) Z Miscellaneous situations, such as stubs, depositary receipts, limited partnership units, or additional warrants or units

To: SSP who wrote (85767)	6/2/2001 2:44:55 PM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

Geez this was out last year! October 06, 2000 - TD Waterhouse empowers active investors with WebBroker Select Advanced new market data service delivers powerful decision-making tools TD Waterhouse Investor Services, a global online financial services firm, today announced the Canadian launch of WebBroker Select - a powerful, new market data service specifically designed to meet the needs of very active investors. "WebBroker Select will enable our most active investors to view the dynamics of the securities markets with unbelievable clarity," says John See, Vice Chair, TD Waterhouse Group, Inc. "This exciting new resource provides a series of market data tools that, until recently, were available exclusively to institutional investors." WebBroker Select features a Dynamic Market Data Portal that links investors to a wealth of streaming real-time financial data and advanced technical charting tools. From real-time streaming performance of model portfolios and access to Market Depth and NASDAQ Level-II data, to real-time or historical stock charting and customizable stock price alerts, TD Waterhouse's powerful new service delivers a comprehensive range of decision-making tools. Delivering the tools of the trade TD Waterhouse is currently offering WebBroker Select to President's Account Platinum members, the broker's most active clients. The service, which can be accessed at www.tdwaterhouse.ca/select, is being provided free of charge. TD Waterhouse is planning to roll the service out to other clients in the near future. "While our investors fill a wide range of trading patterns, our typical active investor is making several trades a week," says David Sypher, Vice President, Direct Channels. "WebBroker Select is tailored to help sophisticated investors make sound and educated investment decisions." WebBroker Select provides a range of powerful, but easy-to-use investment tools that include: unique portfolio tracker that allows a user to switch between 10 portfolios with up to 25 real-time streaming quotes at a time real-time streaming market depth and NASDAQ Level II detailed quotes real-time streaming charts real-time alerts to an e-mail, pager or Digital PCS phone (email enabled) detailed trade history daily house positions and advanced technical charting market indices and charts customizable most active & top gainers/losers lists real-time market news WebBroker Select is powered by an integrated version of streaming market data services from stox.com and Bell Nexxia. Combining stox.com's customized financial applications with Bell Nexxia's state of the art IP/Broadband network creates a best-of breed software and network solution for TD Waterhouse clients. About TD Waterhouse TD Waterhouse is Canada's industry leader for independent investing, serving more than one million Canadian client accounts through 40 branches across the country and with more than $53 billion in assets under administration. It can be found on the Internet at www.tdwaterhouse.ca. TD Waterhouse Investor Services (Canada) Inc. is a subsidiary of TD Waterhouse Group, Inc., a subsidiary of TD Bank and a member of TD Bank Financial Group. TD Waterhouse Group, Inc. trades on the New York and Toronto Stock Exchanges under the symbol 'TWE'. Worldwide, TD Waterhouse currently services over 4.2 million customer accounts in the United States, Canada, the U.K., Australia, Hong Kong, Japan, and India. About stox.com stox.com is a network and software application company which delivers innovative, cost effective, reliable and efficient technology solutions for real-time data delivery and financial information, online trading systems, and private labeled web applications for the online financial community and other online transaction based industries. These solutions are provided through its global private network and innovative software applications. Information about stox.com and its products can be found on the World Wide Web at www.stox.com About Bell Nexxia As a member of Bell Canada, Bell Nexxia is a leader in providing innovative communications solutions to large enterprise customers across Canada and the United States. Leveraging a state-of-the-art IP-Broadband network, the strength and expertise of the BCE (NYSE/TSE: BCE) group of companies and strategic partnerships with industry leaders, Bell Nexxia provides its customers with cost-effective next-generation services they need to compete in the global marketplace. Bell Nexxia's Internet Web site is located at www.bellnexxia.com For more information contact: EasyLine Telephone Banking: 1-877-247-2265