SI
SI
discoversearch

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 : Dollar and Under Sleeper Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (1802)11/8/1997 12:03:00 PM
From: Jamey  Respond to of 8835
 
Ga Bard, I have been watching(and researching) AWLT since the recent runup and selloff. I feel sure that my entry point of $0.41 is going to prove to be a good entry point into a company that can be expected to be a big winner over the next few months and beyond as increased sales during the holiday season will cause the street to sit up and notice this great company. I see no downside on this stock.
Happy bargain hunting.
Jim



To: Ga Bard who wrote (1802)11/8/1997 12:59:00 PM
From: Gary R. Owens  Read Replies (1) | Respond to of 8835
 
GaBard,

Your comments on MMs and trading are making thier way around SI as I am sure you are aware. But I have a bone to pick with your line of thinking. (Disclaimer: I think the world of GaBard and am indebted to him for a great deal of investing/speculating knowledge-I just don't agree with everything he says.)

I can see that getting filled within the spread allows the MMs to drop the price on buys but if the shareholders are dedicated long term investors this can't happen forever. Who cares if the price temporarily goes down as long as I, and the next person in line are getting filled at a better price than we would have had we placed a market order?

I feel especially strongly about this in cases where there is undeclared/illegal short selling going on. In time the stock will seek it's true value, what good does it do for me to pay a premium when I purchase just so the price won't dip.

Thanks for listening,
gary