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 : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: David Smith who wrote (9561)	9/23/1998 7:35:00 PM
From: Carole	Read Replies (1) \| Respond to of 11708

David... Have a question for you. Ready? Do ya own any part of Texas Capital Securities, you know, the one Heidi works for that used to promote CSMA and luvs the heck out of MDMI? Hmmmmm?

To: David Smith who wrote (9561)	9/24/1998 2:00:00 AM
From: Richard L. Williams	Respond to of 11708

Hi, Dave-- Yeah, I came out 119th in that contest...I went long on every pick, and had my head handed to me for my efforts. I was in the bottom 10 for a while, but didn't stay there, sadly. In real life, I am long in every stock I own, and am now down 70% on my entire portfolio. It's enough to make me give up on stocks...especially when I see stocks like AMZN and AOL, with no visible means of support, going through the roof...I am inclined to just sell everything and write it off as an expensive lesson. Just more proof, imho, that the stock market is not about reality, but more about psychology than anything else. Rick

To: David Smith who wrote (9561)	9/24/1998 8:30:00 AM
From: KZAP	Read Replies (1) \| Respond to of 11708

Well Dave The SI International Stock Picking Contest was not for penny stocks only. And has since changed the rules. You can visit the thread and read the header for the current contest. I was a loser also. Anyway, the new contest if for stocks over a buck. Shorting of stocks under $5 is not (I believe) permitted this time. I think the contest tells a larger tale. It shows the optimism of folks on SI for one thing. And for another thing it shows what we are up against. Multiply that for these micro-penny stocks! If money making companies are getting hit hard these days, it's easy to see why the micro caps are taking such a beating. No brainer. Of course there will be some stocks that climb higher even in a down market. If a Bio stock has a newly discovered drug that rockets like viagra, the stock price will also. ---------------------- On the topic of what Carol has asked you. Very interesting. IMO you gave a Presidential answer. Have you been yanking our chains along with Millis, HK Elrod, Brommer, Crawford and franco? Have you already made a killing and the 600k part of a deal in the "big picture"? When one question comes it's always followed by many, many more. Unless of course the answer to the first is truthfully NO. I am very interested in the outcome of this. As you would say........ More later. KZAP