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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers -- Ignore unavailable to you. Want to Upgrade?


To: Tom Dickson who wrote (1006)9/10/1998 10:06:00 PM
From: PJr  Read Replies (1) | Respond to of 4624
 
We need to keep things in perspective. This is not a sinister as some might imagine. "Deep Pockets" portrayed as those who can move this stock with 100k blocks are only spending $5,000! Relatively speaking, that's chump change! Even when this stock trades 1 1/2 million shares on a given day, we are talking about a mere $75,000 changing hands. There's really just not a great deal of reward for MMs to spend much time in any kind of conspiracy ...real or imagined.
In spite of the fact that none of us want to acknowledge it, there ARE NO FINANCIALS. Some day, perhaps soon, there will be, but there aren't any now! The explanation for a languishing price needn't be speculated beyond that. Once again, having said all that, I hope this stock ultimately blooms. It will make a lot of us happy. In the meantime, money can be made on this stock by following the trend....

Good luck, all.

Pat