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Microcap & Penny Stocks : A Wall Street West Newswire Discussion Board -- Ignore unavailable to you. Want to Upgrade?


To: JC Reddy who wrote (169)8/1/1998 10:49:00 AM
From: Stallone  Read Replies (1) | Respond to of 456
 
Stock Split is for Several Reasons! Think about it for a minute. Market Makers wouldn't want to short such a stock trading at that level. Also, it is easier for a stock to go from .03 to .13 than it is from $3 to $13. Yet the effect for the shareholders is the same. Rumor has it these absolute penny markets are huge, much larger than stocks in the $1 range. Many investors will not touch anything less than $1. I think after the split ININ will go to .25. I have seen companies with massive floats that have annual cyclical moves from say .03 to .15. Just my opinion.



To: JC Reddy who wrote (169)8/1/1998 10:52:00 AM
From: jim ratliff  Respond to of 456
 
To All, I'm having a hard time understanding all the bitching and moaning about WSW and KANA. If the track record on WSW is accurate you've had opportunity after opportunity to make some serious cash. If the numbers are inflated I apologize. I just found WSW last month and did very well with SVSR. I now hold positions in EUTC and SRAD. Nobody can pick winners all the time. Are the gains accurate in WSW's track record page?

Jim