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


To: ilh1 who wrote (3696)1/3/1998 12:16:00 PM
From: Ga Bard  Read Replies (3) | Respond to of 8835
 
Look this stock has been obviously selling shares for months. It stopped long enough to get it to .40. Then it started all over again. People never cease to amzes me at the way they trade. Stocks that no matter how much buying comes to them and does not move are not what I want to own. Stocks that have tax liens that are going to have to be paid are not either.

This is a World Vision promoted stock. Research TBCR, SHLD, & DFNL just the news releases alone and I think you will see a pattern not to mention convient omissions in the news releases, redundant rewritten releases, etc. etc. etc.

ALSO look at the buying that has come to this stock with all these great news releases. Look at the trading log and compare it to the others under this promotion and see if you see a pattern. No one knows the float or how many shares are outstanding and regardless of the buying now it hardly moves.

Hey if I am wrong it wont be the first time. Ray Cunningham has taught me a LOT about how to follow charting to discover TA to enchance FA DD. There is more to a researching a stock that just following news release and being naive.

No one to date has done any deep DD on this stock and posted it for verification. All I see is touting the news releases the buying comes in and BOOM it stay right where it is or falls a bit.

Oh well good luck to you. I know this is a negative post but it is and has things that can be verified for those who want to DD a stock and know what they are getting into before they just follow news releases.
I don't think my logic or my post can possibly harm this stock either.

BY the way TBCR fell religiously then 21:1 reverse split changed their name to SHLD and the process has started all over again. Too risky for me regardless of the potential.

I am as negative on MS stocks because they have the same pattern. Fundamentals are great as a starting point only. Heck OLEX was a great stock at one time and BOOM now 4.5M shares trade to move it a few pennies. I bought OLEX but the minute this pattern came to it I sold it before it fell. I lost 10% of my investment but I had rode it from .20 to .40 twice so I can't be upset.

Happy Trading

GB