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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: Russell Gish who wrote (5049)5/30/1998 11:36:00 AM
From: Just-a-thought  Read Replies (1) | Respond to of 11850
 
Morning,

'No Stop Loss Trades/Limit orders'!(on pennies)......

The MM's love'em, when a stock starts To experience 'normal profit taking'They reach down and gobble up 'stop loss trades'....and move the price even lower!!...Then you can have MM's trading amongst themselves just to inch' the price down.....ever see 5 or 10 buys....and the price goes down?......another one of their tricks is to delay a 'buy' to make it look like a sell. If we keep shooting ourselves,......pretty soon we'll hit a vital organ!....
(like our wallets)

Too many times at the end of a trading day we say 'OUCH'....
and wounder.....'What happened' to my stock!!......

'THATS WHAT HAPPENED!---don't listen to mr. gish....

Just-A-Thought......ps...

Pennies require 'PATIENCE'!!...if ya can't handle the pace try...

'BINGO!'



To: Russell Gish who wrote (5049)5/30/1998 3:52:00 PM
From: Jim B  Respond to of 11850
 
True... good points... and always be sure to lock in "some" profits
along the way... but remember to really take the time to understand
the fundamentals and the true potential of every stock you consider
investing into..

although I'd rather sell too early than too late... sometimes, one
sells based on intraday trading or emotion.. and that isn't a wise
trading habit to have..

lock in some profits on the way up... then once you're happy with
your profits... keep those aside.. and consider letting the rest
"ride" as some people call it..

I personally and this is just for me, won't sell for pennies...
I'd like to see George Washington a time or two before I sell.. but
to each his own... we all have to trade what is right for us..

however, with that said.. and this may sound like a contradiction,
the group having been so closely united on this one in HOLDING STRONG
is part of the reason the stock has moved up... float is held tightly
and that is not manipulation.. simply fact...

when the float of a stock becomes very small.. the MMs must bring
the price of the stock up in order to entice people into selling
so that they have shares to fill the buy orders with..

take care and glad to be aboard with this group!

jim