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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (2788)6/19/1998 10:40:00 PM
From: Lee Walsh  Respond to of 37387
 
I know about a company that is 2 days away from making it to the NASDAQ small cap market.....and off the BB.....they have already met the 22 day qualifying period of over $4....but the stock dipped slightly below $4 ($3.875) this week, because of a MM short (PILL) and the NASDAQ would like see them close at or above $4 bid on Monday..(it did close at $4 Friday)....The stock is thinly traded on the BB, with a float of only about 1.5 million.....They are profitable and expanding......The COO/CFO has been talking to and lining up fund managers and brokers for the last 6 months in anticipation of making it to the NASDAQ, and they have a lot of support when they get there, but the funds cannot buy until they are off the BB.....They are very confident that the stock will be at $5 to $6 minimum, and marginable, within a week or 2 of getting on the NASDAQ.... .They are fully reporting, and just got a 3 million influx of capital to triple revenues.....

I know the CEO and COO very well, I have owned the stock since September '92, purchased by a private placement. I also know some additional information, that I do not want to post publicly that will virtually guarantee your success if you buy stock on Monday.

This is not one of mackers picks, but he just bought into it yesterday, because he checked it out, liked the story and the margin ability once it hits NASDAQ.

PM ME FOR MORE INFORMATION
Lee Walsh



To: Bosco who wrote (2788)6/22/1998 9:31:00 PM
From: Hans  Read Replies (1) | Respond to of 37387
 
Greetings,

How are things going? After last falls tech stock disaster I sold all my stocks but for FTEL and went to mexico for the winter. Now I'm going to have to work (awful but true) and buy another portfolio.

I almost hit it big with BAAT. Bought at .23, watched it go to .08, sold at .41, watched it go to $3+ (in a few weeks no less).

The lesson here? Perhaps stop loss orders. May I recommend "How I made $2,000,000 in the stock market".

While lazing on the beach for months I also managed to read MacMillan on Options. Great book. Its full of real life tech stock examples. I learned that everything I (and many SI persons) had been doing was all wrong. Particularly buying options without checking out their implied value, and not basing purchase decisions on volatility (which follows predictable patterns, unlike price).

Ah so Bosco (& Crossy), I recall discussion of losses and being underwater last year. Has there been a reversal of fortune?

-Hans