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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (964)	2/7/1998 1:05:00 PM
From: Andrew H	Respond to of 1574

>>The thing about stocks that get ahead of their fundamentals is EVENTUALLY they return to a fair valuation based on fundamentals. Someone eventually gets caught holding the bag.<< Larry, unless any stock continues to go straight up forever, someone always loses out. Of course with low priced BB stocks, the situation is greatly intensified. The point with stocks like this is to get in early when the price is so low that there is little risk. For this, I think below .30 is a reasonable point. Anyone buying in above .45 or .50 is taking a much larger risk, since there will be a lot of players selling at that price. IF there are lots of buyers at the higher prices when the early owners are selling and the company has good PR, yes, the stock could be a double or a triple possibly. If we knew that people like flightless bird and his friends who own a good portion of the float would be holding to 1.00, that would be one thing. But not knowing makes it a big gamble. For this stock, I would take that gamble around .30, but no higher. Company does seem to have good PR, tho.