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


To: Bucky Katt who wrote (8050)5/1/2002 10:33:52 PM
From: lonewolf56  Read Replies (2) | Respond to of 48461
 
ratdogman,

I agree that this is a great market for those who can trade it and find value and one stock that I have found that I think fits the criteria in your introductory post is IHTC.

I realize that this one has been a rat pick before and I think it should become a rat pick again because I think that it's getting ready to make some kind of move (hopefully a big one).

It has done pretty much what your mm strategy suggested. It made a pretty big move (up to 80 cents) and then it just hung around 60 cents for several weeks and then, all of a sudden, for no discernible reason, it dropped. All the way down to 35 cents. But now it has come back pretty nicely in just a few days. There was some buying at the beginning of the day at 60 cents and the final buy was at 58 cents. There has been absolutely no selling on it for the past few days.

Anyway, the financials are due out this month and from what I can gather, they should be pretty good. I think this one is going to move, and I think it'll be soon.

I also think that the short, sharp drop was due to MM's trying to shake the tree because although some people sold, there was also a lot of buying during that drop.

What do you think?