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

To: KonKilo who wrote (11816)	4/30/2003 12:16:29 AM
From: peter michaelson	Respond to of 48461

Wow, thank you all for the welcoming reception. Regarding chart views, what I see is a whole lot of people who suddenly bought in above 30 cents for the purpose of making a quick profit. If ROHN does not rise quickly from here, so goes the theory, these people will soon be sellers, creating a pressure to sell equal to the irrational pressure to buy we saw today. Among my friends, we like a sudden price spike accompanied by huge volume increases, so long as there is not a strong, rational fundamental basis for the rise. WEL, GERN and ENMD are recent examples. There was no news today, from what I can see. the $21 million was fully expected. The picture is cloudy, but I think there's nothing left here for common shareholders. I have some Canadian brokers who permit shorting any price stock, although the margin requirements get proportionally higher the lower the share price. Commissions are not cheap, either. Thanks again, all. Peter