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Technology Stocks : Firstwave Technologies, Inc. (FSTW) -- Ignore unavailable to you. Want to Upgrade?


To: Dan Ross who wrote (253)1/8/1998 10:07:00 PM
From: Timoteo  Read Replies (1) | Respond to of 1205
 
Dan- you have to be patient with a stock like BROC. What we really need is a few fund managers to buy a couple million dollars worth to move the stock. I think this will take a couple good quarters by which time we'll also see a change in sentiment favoring small caps. Presently its not worth it to invest in a couple hundred thousand or even ten thousand shares of BROC or any really small cap stock because liquidity is a problem and there are greener pastures elsewhere. I think this will change. I was once heavily invested in a $3-$5 stock that languished there for a year, than shot up to 29. Sold it all the way up and then shorted it down (I figured it was only worth $15.). Some of my friends who got impatient and bailed cried all the way to the bank.

Timoteo