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


To: Ga Bard who wrote (5869)3/21/1998 11:24:00 AM
From: ctsundevil  Read Replies (2) | Respond to of 8835
 
Gary I'm a little confused, I've never heard of any institutions coming in and buying stock at .13 levels. I could be wrong but seems a little far fetched. It would be too costly and too risky for institutional buying on pink sheets plus they need to invest large numbers of dollars in stocks at a time. Some of the stocks that are watched on SI an institution would be trading with themselves in a matter of minutes (they'd end up with the entire float). It also costs lots of dollars for institutions to do their dd and usually they start to lose interest in the small cap arena and never reach the micro-caps.

Your thoughts?



To: Ga Bard who wrote (5869)3/21/1998 12:07:00 PM
From: Zoe Spiritus  Read Replies (2) | Respond to of 8835
 
Ga Bard, "SCMI" seems to be finally waking up with substantial volume increase. First time since they came out with their Reg. S. News due out soon??