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Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?


To: Loren S. who wrote (2509)6/20/1998 7:44:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 9824
 
I agree with your thoughts..
penny stocks are speculative
currently also in pmwp...check out their news..there is an active
almost thread on si and at yahoo and I started one at ragingbull.com a new free site for discussions..
look at chart of iecs..also read their news releases by going to
the iecs thread here and the stories from businesswire.
look at their chart..the stock hit 13 cents and I got terrified so
didnt add to my position(19 1/2 cents after 3 for two split)..currently stock near one dollar..
(look at news on rangestar rtl v. -internet gambling..and their latest
announcement..in the thirty cents in canadian ..in the twenty cents
range in US dollars.. )
in the early stages I tend to discount the early trading activity and
see if the stories develop into fundamentals..
I have been burnt so badly..I am skeptical about everything almost..
I have learned to only add to my holdings as more fundamental information comes out..
I can't second guess mm's...
who knows..maybe tnrg may drop a lot lower..and who knows..if they
start announcing more financial information..maybe it will pop up..
bobby (waiting to see some big big block buying or selling)