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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?


To: KonKilo who wrote (7653)4/5/2002 8:54:18 AM
From: smallstocks  Respond to of 48461
 
FCRZ - agreed. Chart starting to look up too.



To: KonKilo who wrote (7653)4/5/2002 10:14:30 AM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
no one ever went broke charging the sub-prime set out the nose

Yes they have. I think it was Mercury Finance, who used to be out of Lake Forest, went bk to the tune of $billions.
Mercury floated loans to sub prime car buyers at most of the crappy "car lot" owners around the US, they got burned bad.

I will look at FCRZ, but I know a lot of banking people, and there is a good reason people with bad credit have to pay high rates. They just walk away.



To: KonKilo who wrote (7653)4/5/2002 10:27:11 AM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
Re:ASTM...Check out the XOMA dump today. I have a buddy who still owns 25,000 shares of XOMA, held from the old days, (this was a rat from the pre-rat thread days) and I have told him several times to sell at least half of it, he just wouldn't listen. Guess what, he called first thing this morn, whining why, oh why...
My reply was simple, I warned you, and you got greedy, now deal with it. (He is still above his cost, so it won't hurt too much)

There was even a very negative story about XOMA in the current Forbes, as one to either avoid, or sell if you owned it. The chart tells the tale, was another easy short..It has been tanking since mid Feb...