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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (3651)12/3/1998 8:47:00 PM
From: Dave Shares  Respond to of 43080
 
<< all remember penny's are very risky ... I am about 4 for 5 ... 4 losses to 1 win ...>>

Sue, when I played pennies, that was about my average. Still holding a few, cost more to trade than to cash in.

Very hard to get filled below the ask, you think the MMs are bad with NASDAQ listed stocks, they are downright cutthroat with the pennies.

Actually, some of the trading I'm seeing going on now with the net stocks reminds me of the pennies (they go up fast and come down fast), but at least the MMs let you short the net stocks for those who are so inclined.

David



To: Susan Saline who wrote (3651)12/3/1998 9:49:00 PM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
Hey you still around? Thought you retired after all the runs the last month. Heck even that dumb head thing doubled. Well TBR for 1/8 hmmm might be worth looking, who knows, not very difficult to double :>



To: Susan Saline who wrote (3651)12/4/1998 8:14:00 AM
From: JD  Read Replies (2) | Respond to of 43080
 
I am about 4 for 5 ... 4 losses to 1 win ...

Your doing better than me.

I'm in CML as well -- although I don't consider it a Penny because of the exchange.

I only consider them true Pennies if they are BB.

jds



To: Susan Saline who wrote (3651)12/4/1998 8:50:00 AM
From: ghostme  Read Replies (2) | Respond to of 43080
 
NUOA -The plan is slowly coming together:

Copied from FXWA thread:

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Oasis Resorts International, Formerly Flexweight, Announces Stock Symbol Change From "FXWA" to "OAIS"

WENDOVER, Nev.--(BUSINESS WIRE)--Dec. 3, 1998--Oasis Resorts International, Inc. (OTC BB:OAIS), formerly Flexweight Corporation, today reported that its stock symbol has changed from FXWA and officially begun trading under the new symbol OAIS.

Oasis Resorts International, Inc. is developing into a global resort hotel and gaming management concern. The Company is 49% owned by a wholly-owned subsidiary of NuOasis Resorts, Inc. (OTC BB:NUOA).

Note: Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Investors who seek more information about the Company's business and relevant risk factors may wish to review the Company's periodic reports filed with the Securities and Exchange Commission including, but not limited to, its most recent Annual Report on Form 10-K/SB and Quarterly Report on Form 10-QSB.

CONTACT:

Oasis Resorts International, Inc.

(formerly Flexweight Corp.)

Walter Sanders, President

(702) 664-3484

KEYWORD: NEVADA

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