Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?

To: t36 who wrote (36)	12/7/1997 6:36:00 PM
From: Street Walker	Read Replies (1) \| Respond to of 1100

"Something in your post is getting my interest" Hi Sue, I'm a cautious investor as your self. I started playing penny stocks back in 1981. I have since moved into the big stocks and daytrade them with 100% cash at the end of the day. Once in awhile I bring some of my money down into a penny stock, only after my own DD. AXGI is the only one I've bought this year. I purchased it for the short term on the following basis: it is a profitable company, it has several products that ordinary consumers are now using, and the management has vision. Most importantly is that it is undervalued and has impending news that will account for $$$$$$$ 1/2 of its $24 million in sales for '98 $$$$$ I couldn't pass this up so I recently made a purchase. What's fun about OTC/BB stocks is that management can tell you about future plans. They have told me their news will come out on the Business Wire. One announcement will come before Christmas, and the other will occur sometime in January. Current Ask price is 41 cents. I can only speculate as to the price in a month. If the second annoucement occurs before then, the stock will be around 90 cents. If the second announcement hasn't occurred, it will be trading around 60 - 75 cents. As word gets out on the impending revenue generating news, others will stockpile as well, awaiting for the announcements and run ups. But lets not stop there, AXGI has a lot of money and as a Holding Company for many small companies, has the capital to continue its acquisition agenda throughout 1998 and beyond. That aside, I keep to my trading style and sell soon after a runup, and buy back in after it settles down into support, awaiting another news release. Trading is much more profitable than buy/hold. 100% return? I hope so and more! Resistance is at 60 cents. After it passes that, it will spike to around 90 cents IMO. I encourage everyone to do their own DD. I'm not responsible for your investment decisions, only mine. Good luck! S.W.

To: t36 who wrote (36)	1/2/1998 11:42:00 PM
From: Bo Didley	Respond to of 1100

Off Topic: AUXER up 38% today t36, you talked to Street Walker about AXGI awhile back. Its the company that had 4 million in sales for '97 and with the acquistions they are soon to announce, their sales will be around 24 million for '98. Their P/E is less than 1. They are currently updating thier Web Page. When it is updated, look for news coming out on Business Wire. Two impending announcements... Others on this thread don't buy otc/bb stocks. Things are starting to happen so I wanted to alert you. AXGI closed today at .29 up .08cents on 54,000 shares. Come join us at Auxer's thread Bo