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Technology Stocks : NUKO INFORMATION SYSTEMS -- Ignore unavailable to you. Want to Upgrade?


To: BubbaFred who wrote (3266)11/16/1997 8:03:00 AM
From: Don Lachot  Respond to of 3509
 
I follow NUKO just because traders love to double this stock on news, sort of like SEVL. It seems every time there is news, traders double it on a two day run, so, it is a traders stock of sorts. Anyway, the current 50 cent price may already reflect the earnings news, since usually the market anticipates such things, and it could be that the stock actually goes up from here. I've seen this happen a lot, selloff prior to bad news, rally on the bad news. Doesn't always happen, we'll see, but one thing for sure, it's a buy at the bottom, since NUKO is gonna have some positive news at some point where traders will take the opportunity to double it again. Plus, many a seemingly dead company has miraculously revived itself recently. NUKO may not be finished.



To: BubbaFred who wrote (3266)11/20/1997 5:33:00 PM
From: BubbaFred  Read Replies (1) | Respond to of 3509
 
Worse that I can imagine! It went all the way to the Bulletin Board!!!! BB = Boiler room Broker market maker(s) = Pink Sheet = Penny Stock = No liquidity = At the mercy of the market maker = Huge spread between bid and ask, sometimes 50%, i.e. Buy at 75 cents and sell at 50 cents at the same breadth = Sell small amunt of shares at 50 cents is o.k. but pay high commission; but will only get 38 cents if you have 10,000 shares to sell = Market maker(s) do the trading = Individuals Cannot Trade.

Why do I think these? I had an open order sitting at 11/32 and did not get filled despite an "opening price" of 28 cents. That was the market maker buying at 28 cents and sold at 40 cents (Today's low trade was 40 cents). Individuals bought at 40 cents. Only market makers bought at 28 cents.

I hope NUKO chose good market makers. Howver, based on my past experience with run of the mill type of pink sheet stock market makers, I like to note the following:
1. Various rumours will persit - about contracts, agreements, or buyout.
2. Best time to buy is at broker's month end, usually at end of 1st or 2nd week of the month. Buy at 25% below the recent low bid price. Then wait for runors to start again and sell at that time. Bext prices to buy is when the market makers have to balance their books and get rid of some stocks. Market makers are highly margined as well. Note that this does not happen very frequently - usually once in 4 to 6 months. Often, market makers can just "park" the stock for a few days to several of their big clients' accounts and then get them back.
3. This stock has a chance to go to 25 cents in 2 months and 1/8 in 6 months, and a nickle in 12 months.
4. One long shot is a buyout. However, will it be before or after chapter 13? If the buyout is after chapter 13, present shareholders will get zilch. And guess who will get the honey? This will be the true test of character. If BK is concerned about present shareholders, there will not be a chapter 13.

Just a bubba's opinion and this bubba hopes he is wrong.