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Microcap & Penny Stocks : Starnet...Clicktoplay...STEN -- Ignore unavailable to you. Want to Upgrade?


To: May Tran who wrote (810)1/25/1999 8:36:00 AM
From: Roy F. Baker  Read Replies (1) | Respond to of 1071
 
Johnny, I am waiting to see what Brazil and The Fed. will do before I look at anymore stock purchases. I see signs of the market going south. The Fed. does not wish to cut rates again and I thought the last two times they did was just a temporary fix. With mounting pressures coming a lot of money may pour out of larger companies stocks looking for safe havens. That would bring small companies with little down side to the forefront. STEN may be considered and PNLK is possibly right at the top of any list that might be developed. This time of year companies which depend on Christmas sales will start to drop also. So many retail groups and large caps may be at risk. I'm starting to think it is time to think about shorting some stocks which have a history of going down in this time of the year.

Have a nice day,
Roy