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Microcap & Penny Stocks : Tracker Corporation America (TRKR) -- Ignore unavailable to you. Want to Upgrade?


To: rodster397 who wrote (130)8/4/1998 12:06:00 AM
From: TomX  Respond to of 1877
 
Hello

Hope everyone had a nice Simcoe Day (for the Canadians like myself). I am happy that Tracker is going to report on news. I think it is about time that the stock should move back to its price prior to FTC troubles. Over the last 2 months, I think Tracker is solidly sitting at its price now and should go up. It was trading at about 8-9 cents prior to the ruling and naturally spiked. After the correction, I find it to strong holding at the 14-15 cents range.

Happy trading
Thomas



To: rodster397 who wrote (130)8/4/1998 12:22:00 AM
From: Jeff Grossman  Read Replies (1) | Respond to of 1877
 
Regarding what seems to be a lot of stock being sold... It seems like there is always plenty of stock available to meet the demand for shares. I personally know people who are buying this stock in good amounts, and they don't seem to have any trouble buying it. The stock price may go up a bit briefly, but then it drops down again. With all the buying going on, I would think the stock would be higher. I'm not saying that people are dumping shares on the market. It just looks like the market makers have plenty available to sell. There are several possible explanations - some good, some bad.

I'm not the only one worried about the selling. A friend of mine with level II mentioned it to me today. He was wondering whether Tracker had sold some cheap stock which was now being sold in the open market. But Bruce says he doesn't know where the stock is coming from.

It could just be individual investors selling shares on strength - and I hope that's what it is - but I am still worried. There are many companies out there that talk up their stock, while at the same time they are issuing stock or selling their own stock. This is very, very common unfortunately. At this point I still believe in TRKR and in Bruce, but it's good to be cautious. TRKR is a very risky stock at least until the FTC settlement is finalized, Global Tracker is put back into Tracker, the audit is completed and the 10-K is released, and TRKR starts to announce some good contracts.

Jeff



To: rodster397 who wrote (130)8/4/1998 9:34:00 PM
From: t.gawarecki  Read Replies (1) | Respond to of 1877
 
Good evening Rodster,

Just wondering what you had on your mind this evening. We had a bit of selling today. I tried to buy more for 7/64 (almost 11 cents) at the end of the day. There were no takers. Sounds like we get a PR in the morning.

Maybe those people pulling money out of the blue chips will now realize the potential in TRKR :)

Tom