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Technology Stocks : Ocean Power (PWRE): Water/Power Giant in the making! -- Ignore unavailable to you. Want to Upgrade?


To: JD who wrote (70)10/15/1998 10:19:00 AM
From: gene martineau  Read Replies (1) | Respond to of 269
 
?Do I think the price will hit .20?

Depends on how much margin selling falls on the market prior to the funding announcement. IF there are several big blocks (25 - 50,000 shares) that land all at once in a very down day, maybe. But otherwise, but what I've been told is that some of the larger investors that own stock in the $2-4 range are putting together pools to average down. (you know the one about "the rich get richer" - taking advantage of these dips is how).

gm