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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?


To: lakers17 who wrote (3002)10/1/1998 7:03:00 PM
From: kbert  Read Replies (2) | Respond to of 9391
 
Hi,
somebody posted a very nice URL
for penny stock charts
Cannot find it again through the BNEZ posts.
May the author of the post post it again ?
Thanks in advance.
Archie.



To: lakers17 who wrote (3002)10/1/1998 7:04:00 PM
From: Elio Madama  Read Replies (2) | Respond to of 9391
 
Lakers,

what you are saying does not make any sense.
Why are you trying to involve BNEZ in this problem?
What has PMA to do with ILLEGAL MARKET MAKERS TRADING?
Are you out of your mind?

Open your eyes my friend and if you don't like my posts, simple don't read them.

Elio



To: lakers17 who wrote (3002)10/1/1998 7:18:00 PM
From: Jim B  Read Replies (4) | Respond to of 9391
 
TO ALL::

my opinions only...

there was a huge VOLUME SPIKE all of a sudden on this stock that suddenly took the stock from 14cents to 1.00 this occured over several days .. with the stock closing up each day...

NO internet hype that I could find other than this thread... no newsletters.. no earthshattering news.. (some good news though) ..
so did everyone all of a sudden decide to buy in at the same time??? where did all the money come from??

I firmly believe that what we were seeing was short covering.. mixed with buys from those of us here on the thread... but I believe the majority was shorts covering.. FACT: stock not only had huge jump in volume for no reason... MMs continued to raise the bid and ask even on selling... you can see over the last 2 days .. that selling now is pushing it down... probably because they've covered as I've explained last night..

volume dropping because we're going back to a level where we trade on our own buying/selling pressure and MMs are doing much less for their own personal books... didn't anyone find it interesting that this stock hits its high end of month and last day of the month of first of the new one we tank heavily???

I believe the stock is now correcting itself once again to find a level in which the buyers on this thread and those who follow it are willing to pay... we don't see to have the help of the MMs for now..

most of us wishing we'd taken profits at higher ground.. but you know what.. for one time, I actually wasn't greedy and sold a little here and there along the way... I didn't get anything sold over 7/8.. and majority was sold in 40s and 60s... but hey.. that's profit..

I still hold shares because nothing fundamentally has changed... we're simply trying to find a support level for this stock now..

REMEMBER... MTEI (and I draw illustrations only in the way the stock moved.. NOT in relationship to the company/products/assets or followers.. as MTEI had a LARGE following.. BNEZ doesn't) ... well, MTEI went from 5cents to about 90cents or so... then pulled back to 40cents... people were FURIOUS!!! fundamentals (again, to best of everyone's knowledge) looked in tact, and strong... guess what happened... eventually stock found support... selling dried up.. and newfound investor confidence came in with continued good news to take the stock to $1.75 (that's where supposedly mgmt took over and starting selling out on us all)...

BNEZ is a much stronger company.. for one thing.. they're NO SCAM...
ELIO mentions "scam" in his posts.. but I think he means foul play with the MMs and the way they trade.. he's NOT saying that BNEZ as a company is a scam...

time will tell, but I believe this stock will find it's support level.. and move higher once again at which point... the people crying now will be jumping up and down talking about $3 to $10 a share again... hopefully this time they'll sell some as it moves up and do themselves a favor to take some profit... nothing goes straight up...

again, I still hold shares.. and will likely be picking up more once stock stabilizes and starts to move up again... probably will wait til mid next week before I come back in.. I think the stock still needs a few days to settle... UNLESS news comes out of course..

it's VERY hard to watch your stock go down so quickly... remember that they can move fast... so when it does move up quickly.. lock in some profits.. that way if it crashed back to where you bought it you'd still be happy with your trades...

as for those who are in at higher prices... I do believe it won't be too long before we see $1.00 again... but we'll need strong buying pressure.. and to do that we'll need more info on sales and more exposure... I think these things are in the near term horizon for us... so I'm staying invested here.. and again will add as I see fit.. I'd like to see us close even or up for a few days.. that would be a real bullish sign that the shakeout or selloff is over.

jim

ps.. sorry if my thoughts aren't complete... long day... anyone agree or disagree?



To: lakers17 who wrote (3002)10/1/1998 9:01:00 PM
From: Ellen  Respond to of 9391
 
I always advise my clients to take profits.

You're a broker?



To: lakers17 who wrote (3002)10/1/1998 9:35:00 PM
From: Angel D  Read Replies (1) | Respond to of 9391
 
Mr. lakers 17,

I have only gotten into this stock today on the advice of a very good friend. Could you please give me a synopsis of what is going on?

You may skip the part about the AOL suit , as that is BS.

I would like to know your take as to what this stock is all about. I cannot go through 2300+ posts. However, I have gone through enough to know if you are BS'ing me.

Please, if you would, bring me and any other new investors up to date. TIA.

Best regards,

AD