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Microcap & Penny Stocks : New Sky Communications (NSKY) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bendner who wrote (1710)8/24/1998 9:07:00 PM
From: Benchman  Respond to of 2601
 
Michael, I agree, there is a special kind of penny TA. I think if people follow a number of penny's they will see they pretty much follow the same pattern.

Keep up the good work!

Rob (back to lurking)



To: Michael Bendner who wrote (1710)8/24/1998 9:40:00 PM
From: Hyrulean King  Read Replies (1) | Respond to of 2601
 
I like to see your analysis - by no means do I want to discourage you - keep it up! I agree that pennies take a special T/A in themselves which includes; Hype, momentum, News, speculation, buying pressure/selling pressure and MM reaction. I wonder how someone could capture all that into some kind of moving average or percentage LOL - I don't necessarily subscribe to those who say "small small float" or "very large short position" - these factors are taken in 'HYPE' IMO. MM's in the OTC:BB world have a license to steal, all they are concerned with is keeping fluid and orderly markets - they'll print up or print down - create shares that don't exist, as long as their is margin for themselves.
Just my thoughts....

Chief