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Microcap & Penny Stocks : Ugly Ducklings- DD of the obscure and out of favor -- Ignore unavailable to you. Want to Upgrade?


To: PitBull who wrote (35)7/22/1998 9:50:00 PM
From: Johnny Ro  Respond to of 102
 
Float looks awfully high @ 13.4M float with 53.4M outstanding. It looks like someone/group of people have started accumulating the stock since Monday. Big volume (relative to the what the stock normally sees) on the buy side has been moving the thing up pretty good. If your looking for a quick hitter this may or may not be a good play depending on the run tomorrowin the next few days.

JRo



To: PitBull who wrote (35)7/22/1998 10:34:00 PM
From: John Liu  Respond to of 102
 
Too bad it has a big stock outstanding # or else it might be interesting. I usually try in the penny field to stick with the Manufactoring/R&D companies since it seems tough in the retailing field. I usually look for a company with a potent patent in which they just finish R&D and is not ready to possibly explode onto the field.

Has anyone got any penny stock that invested in or looked at but did not buy which went onto becoming a $5+ stock? See if any traits to the sucessful penny stock(used to be).

My only really big hit which I investigated(but did not buy) was uswda which was at the time being hit hard by lawsuits(from previous investors/shareholders). I liked their product but was troubled by the financial/legal problems. So I didn't buy any one year later check up on them again and they were around $5(was .125 or 1/8, OUCH). This showed me that in the future to still stay with a company(at least keep on watch list) even if in financial/legal problems if still believe their technology had a good chance.

John