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 : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: Tom Latham who wrote (2851)2/6/1998 9:25:00 AM
From: CO  Read Replies (1) | Respond to of 27968
 
It looks like the MM's are starting to position to move up. There are two that are at .30 on the BID. Looking good.

Akexander Wescott moved off of the ask all the up to .375 cents.

Cheryl



To: Tom Latham who wrote (2851)2/6/1998 12:13:00 PM
From: Mark[ox5]  Read Replies (2) | Respond to of 27968
 
OFF TOPIC:

This guy rocks......!

Friday February 6 11:12 AM EST

Student stock system: Cash times 50

ANN ARBOR, Mich., Feb. 6 (UPI) _ A student who found a way to exploit 30-second market
trends and get nearly 50 times his investment has won an international securities contest sponsored by
a Venezuelan bank.

Juan Riveros, a University of Michigan graduate student from Caracas, isn't telling all his secrets
today.

But by turning $250,000 into more than $12 million on paper he topped 2,500 other students in the
prestigious competition sponsored by Eurobanco Commercial Bank.

Contestants had three months to fine-tune and test investment strategies with fictitious cash.

Riveros used a futures trading system that exploits short-term market trends, lasting between 30
seconds and 30 minutes, triggered by institutional traders' reactions to new information.

Riveros outgunned his nearest competitor in the contest's futures trading category by more than
$11.5 million. In the ''all-instruments'' category he made $3 million more than the second-place
student.

Riveros studies in an emerging field called financial engineering. UM started the program last fall.

_-

Copyright 1998 by United Press International.

All rights reserved.