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


To: RavenCrazy who wrote (3992)10/29/1998 6:36:00 PM
From: Jim B  Respond to of 9391
 
my comment was simply stated on the charts... last couple weeks we've had no news at yet we've held at 30cents...

no other way to state it... I've been following this stock since March.. I'm well aware of the decline in price and have stated it before..

with penny stocks... one is happy to see a stock build some stability and not continue to drop on delays and news..

so if you're seeing lots and lots of posts about people glad to see the stock showing some support... they're just voicing their thoughts and loud and basically are waiting for a base to form and some good news to come out to move the stock higher based on fundamentals..

I know all too well what's it's like to be one of the people who got in at the top... I held EUTO for almost 18months having bought in at 25cents.. it's traded for about that long under 4cents... and only recently went to 7cents in which I finally sold out... the people in under 3cents were saying that it was a great base support and that the stock would move soon.. they were right.. those that got in at the base made a nice profit on this last runup.. unfortunately, I lacked the confidence in the company enough to invest too much more money and had bought too much at 25cents to really bring my average down..

with BNEZ I have much more confidence and have brought my average down but I'm still near 47cents/share average... so basically I'm just like everyone else... trying to find where a flat line trading pattern will form and then based on fundamentals figure out if the stock's next move should be up or down..

hopefully none of this comes across as brash or rude, as I didn't take your comment personally.. hope all is well with you...

jim