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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Harrington who wrote (681)5/23/1998 12:49:00 PM
From: Mike Ankley  Read Replies (1) | Respond to of 10343
 
The test is not what happens Tuesday. MMs control the day to day price. These guys cannot predict that. Example: ICVI dropped on Friday even though the buying volume exceeded the selling volume. MM manipulation to create a panic selloff and short term traders will cause these day-to-day fluctuations.

INFE company fundamentals, press releases, and investors banding together based on a firm conviction of the fundamentals are what will counter those tactics.

So can these guys predict what price the MMs will allow INFE to rise or fall to on any day. Of course not. But can they predict what price INFE will eventually rise to based solely on the underlying company fundamentals ... Yes! Will they be there when the price appreciates to match what the company is worth ... based on my running observations over the last couple months at DGIV, I believe YES!

Cheers

Mike



To: Jeff Harrington who wrote (681)5/23/1998 4:46:00 PM
From: Alex Sharp  Read Replies (2) | Respond to of 10343
 
I know INFE extremely well, owned it several times from 3 cents to $1.50. Talked to Richfield and have known several to visit him. Story sounds good but after all it is run only by one or two people. Still very small. The fact that it ran on no news indicates to me that it was a momentum play of a stock and that it could fall just as quick. Be careful Tuesday.