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Microcap & Penny Stocks : NPCT (old SUNY) -- Ignore unavailable to you. Want to Upgrade?


To: ryson who wrote (365)12/4/1998 3:02:00 PM
From: Bill Pearson  Read Replies (1) | Respond to of 1275
 
Ryson - believe it or not, I too believe NPCT will rally, but not because Paul is at the helm. The stock went from the high $1 range to an intraday high of just over $5. Why....? Certainly not because of anything "fundamental" to do with the operational value of the company...but on speculation, and market maker games. Emphasis on the latter.

I suspect, very strongly, that before too long the market makers will drag NPCT off the $0.25 carpet and raise it up to new highs, so to speak (at least back to $2-3). It's just a matter of time in my opinion.

NPCT can be a good trading stock given this type of activity, but I wouldn't confuse NPCT with other companies that have fundamental value.