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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (4763)1/16/1999 1:24:00 PM
From: snerd  Read Replies (4) | Respond to of 56535
 
All... OTC BB stocks.... I made a post way back that I thought most here didn't play bb stocks. I may have been out of line. Sorry.

So, are they worth looking at? I've always heard to stay away from them. Waterhouse won't even give me quotes on them. : (

Snerd



To: Poet who wrote (4763)1/16/1999 1:59:00 PM
From: BANCHEE  Read Replies (2) | Respond to of 56535
 
Poet and all IMON
In reguards to IMON....It is a momo play
with possible event play over the next couple
of weeks,,,Where it is going..no one knows
Small float made it a quick rocket. Once it
was picked up on radar screens of other traders it
came in with that second booster to propel it
past that 4 1/2 ceiling it established it the
morning. Tues morning it should gap up and
a lot of selling will come into it. If some news
comes out it could get a third boost on so on..It could
go 10 + . who knows???? But
Remember were this stock came from..It did not discover
the wheel and as fast as it went up, it could come down
faster.This is not for newbies.Please take care and use
what you have learned from this thread...........
Take some profits and leave some behind..I did...
Banchee



To: Poet who wrote (4763)1/16/1999 5:29:00 PM
From: Chris O'Keefe  Read Replies (2) | Respond to of 56535
 
Poet/All: DIPL, PROG, VVTV (not tips yet--just asking questions!):

First of all, regarding <<Nope, no more lurking here!>> thanks very much. Your assistance with the Watley questions I had is much appreciated, too.

Regarding the three tickers mentioned above, does anyone have any comments/speculations on these? I hear very good things about all three but other than PROG, my DD is a little weak.

Here's what little I know:

DIPL -- Some people love this baby and fervently believe it's "waiting for a breakout." Apparently DIPL will sell clothing over the web.

VVTV -- 15% owner of NetRadio IPO, sells merchandise ala Home Shopping. This stock is often compared to SATH, but those who favor VVTV over SATH say that VVTV has powerful alliances coming up that will move it out front.

PROG -- Programmer's Paradise, selling software development tools on the web. Already profitable, P/E of 23. This one look solid to me but I don't see it mentioned on this thread. Currently at $14.75 it appears to be a no brainer to break $20 before, or soon after, their 1/29/99 earnings are released. A .30 EPS is expected. Folks on the PROG thread have difficulty finding "warts" on their baby and are just waiting.

None of these are a recommendation from me just yet. I am still doing research and this post is a part of it. Any help/feedback is appreciated.

Thanks,
Chris