Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?

To: TopCat who wrote (139)	3/22/1998 5:23:00 PM
From: Benchman	Read Replies (1) \| Respond to of 9824

I think the rest of the story would be irrelevant. I think it's obvious that $4 was the time to sell out of OVIS. I think Jim's point is, that many people sold out of OVIS when it pulled back after hitting a dollar, when it would have been better for them to weather the storm and make a whole lot more money selling at $4. The whole SEC thing doesn't change that fact. Rob.

To: TopCat who wrote (139)	3/22/1998 6:50:00 PM
From: Jim B	Respond to of 9824

I think OVIS has been back trading for a little while now.. new symbol is RMIL... the point was that the stock ran from 25cents to $4.25 on the shorts having to cover and due to the investors coming in and believing in the strength of the stock to move... YES, the stock came back down..but there was several days that it remained above $3 so there wasn't a one hour chance to get out after those gains... FOR ALL: RMIL (was OVIS) has come down again.. I think around $1 now or so... but that's still way above 25 or 30cents when alot of people were buying in... we just all have to be careful to know when a stock has potential to continue moving up and when it doesn't... what do you guys think??? is a stock at 28cents more likely to move up for a 10bagger or is a $4.25 stock more likely for a 10bagger... you decide that one... I know the answer to it myself... that's how I decide whether or not it's time to get out... I think any stock under $2 has potential to move... above that you're looking at a long term stock.. so just be smart and know when it's time to buy... when it's time to hold.. and when it's time to sell... don't get too greedy and don't be silly into thinking a $4 stock is going to $40 cuz I've never seen it happen.. at least not in a short period of time... hope this helps you better understand what I was saying... looking forward to a great week in TNRG (darn it.. I wasn't gonna post again on this thread ... oh well.. didn't want you confused on my point) jim