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Microcap & Penny Stocks : AUCTION TELEVISION NETWORK (OTC BB: BIDN) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Andrew who wrote (6)1/7/1999 3:38:00 PM
From: J. M. Burr  Read Replies (1) | Respond to of 45
 
I know of four friends who have bought in over the last few days. In every case they have noted how long it took to fill their order. Enhanced demand would really do wonders. Still, I have learned to use TechStocks sparingly because with few exceptions the discussions generate more heat than light. It is quite pleasant to have positions in PTEK, OMX, DDSI and ODSI (all of which are moving nicely) and not have to worry about a cluttered chatroom. It is also nice to hold VLNC where comments are usually technical and germane. In sum, a half dozen serious investors could drive this stock into the nether regions, but the old saw "cheap stocks are cheap for a reason" is difficult to overcome. That being said, it appears that your feeling that resistance would probably be encountered at the 5 level seems prescient indeed.