Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : The Real Micro-penny- Less then one penny!! -- Ignore unavailable to you. Want to Upgrade?

To: Brett Fleischman who wrote (770)	7/24/1998 3:01:00 PM
From: LANCE B	Read Replies (2) \| Respond to of 906

smells like a hcca or pkgp possibilites there soon as company has some potential they screw the shareholders with some absurd reverse

To: Brett Fleischman who wrote (770)	7/24/1998 3:13:00 PM
From: Jim B	Respond to of 906

agreed.. lots of shares out there.. I think around 100million.. let's see... PRWT has 160million shares in the float.. we picked them up at .015 and are now at 5cents... can it move? I think we answered that.. ARET we picked up several weeks ago.. at .015 and went to .047; it took some good buying.. but it went up.. and it stayed up for awhile, but company was persistent about saying that it would NOT issue news on the wires.. this upset ALOT of people... and with lack of more defining news it drifted down.. now we have 2 good PRs out this week "ON THE WIRES"... will it move up? I don't know.. but my guess is yes.. 12million shares is nothing.. what is that $175,000 worth .. probably only about half of that at best at the ask.. meaning almost $90,000 worht of buys... that's not much at all. Too many times I see people complain about the large number of shares but they don't factor in the current cost per share.. if this stock was trading at 25cents with 200million shares in the float.. I'd say.. HELL YEAH... too many shares out to probably ever see the price move up... (unless the float was dried up of course).. instead.. ARET trades at .017 (downside support .015) and only around 100million shares or so is what I'm led to believe in the float.. who knows how much held tightly.. so 12million shares may seem like alot.. but it isn't.. PRWT is up .003 on 7million shares traded at current price of 5cents.. that's $350,000 worth of stock trading hands.. twice that of ARET.. if ARET trades $500,000 worth of stock in one day and has no movement then I'd be concerned.. factoring in of course the ratio of buys/sells. if buys vs sells are even then there's no real reason to think stock would go up... can someone tell us level 2 buy vs sell ratio?? unless the vast majority of the 12million were all at the ask.. I wouldn't expect it to move up... and even at that.. I still think we need a bit more volume.. which can surely happen. Anyway, I think I've proved my point... judge DOLLAR VALUE of trading.. NOT # of shares entirely.. volume is good as a measure against volume history.. but that is all and you have to factory in what shares have been added which can discount share volume tracking altogether... I'd rather look at dollar value or percentage of shares traded against the float. any agree disagree? Anyway, glad to see you here Brett.. whether you're bullish or not.. jim