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


To: Richard Rose who wrote (4442)11/5/1998 2:06:00 PM
From: Jim B  Respond to of 9391
 
what? BNEZ was ripe at 37cents when I bought monday... lol

hard to say what it'll do.. some think it'll go back to 15cents where we were before this whole run started..

others think we'll pop anyday..

I think we all can agree this one is VERY hard to predict..
that's why I think Lakers' comments about holding long and not worrying so much about day to day stuff. However, with that said I do understand the frustrations of seeing a stock that SHOULD be trading over 50cents down at 23cents and falling and apparently all due to MM tactics.. one thing: the further down we move the more shares one can buy with $x,xxx . thus taking more shares out of the float and that many more shares that the MMs won't be able to cover with in theory/ on the other hand.. the lower we go.. the harder it is to move up IF you get a bunch of daytraders buying in at 15cents and all wanting out at 25cents.. which means we could struggle just to get back to where we are..

cool thing is: I have to remember how easily we moved from 15cents to $1.25 and even though we dropped.. we held over 30cents for a long time and all that without anyone even having received their PMA product... so the future is bright... but short term, no one knows what's up with the price decline.

jim



To: Richard Rose who wrote (4442)11/5/1998 2:06:00 PM
From: WEBNATURAL  Read Replies (3) | Respond to of 9391
 
What do you mean "ripe"?

Are these bananas gonna get cheaper and cheaper?