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Microcap & Penny Stocks : Medix Resources - MDIX -- Ignore unavailable to you. Want to Upgrade?


To: Robert Zeiss who wrote (3)11/8/1998 6:32:00 PM
From: Eric J. Beyer  Respond to of 5
 
Wow...and I was going to start using my 2000 shares for toilet paper.
Maybe something "good" is going on, but be careful. Sometimes market makers will trade a stock between themselves to attract interest when they are trying to unload it. With pink sheet stocks, the only reason to get involved with them at all is:

A: If you know something about the "company" (if there really is one ... besides a sweaty guy with a cigar stuck in his face in a boiler room yelling on the phone) that no one else, or almost no one knows about.

B: You know in advance when good or bad news will be announced.

C: You know someone that people follow, that will rec. the stock.