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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (803)6/12/1998 6:22:00 PM
From: Joe Hartenbower  Read Replies (4) | Respond to of 2534
 
Lamar... >>You really can't argue with a 46% profit.
I might be back in later.<<

Maybe so but I have never been able to do that well by day trading penny stocks. Sure, you make it once and then you miss so you buy back in when it's too high. Then you you sell when it's low because you are worried that it will go even lower. It doesn't, so you buy back in after it goes back up. These kind of stocks are much to volitle to day trade unless you are an expert. There are too many out there trying the same thing and almost all are a lot smarter and quicker then me! For instance, the MMs are much better at it. Believe me Larmar when I say that they knew that "a" Lamar would sell when you did.

The reason it is not up is that MM Frankel (FRAM) is doing much of the selling when the legitimate sellers quit selling. The way he does it is he sells short and then drives the stock down so he can buy back and "save his shorts".<grin> Look at the last 2500 shares sold. Look at the past three days. Price goes up, he sells short. Lamar panics and takes his 46% (one time only) and sells, price drops even more... Frankel buys and covers his shorts. Go back and look at the charts for companies like DGIV. You will understand.

Good luck.



To: Junkyardawg who wrote (803)6/12/1998 6:49:00 PM
From: Webster Groves  Read Replies (1) | Respond to of 2534
 
Gee whiz, folks !

The stock doubled from mid-April to early May,
and has essentially held up ever since.
I see nothing unusual for a low cap in the trading.
In fact the stability above $1 is quite encouraging.

So relax a bit.

-wg