Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tracker Corporation America (TRKR) -- Ignore unavailable to you. Want to Upgrade?

To: t.gawarecki who wrote (296)	1/29/1999 7:42:00 PM
From: Mike Sawyer	Respond to of 1877

The overhead changed when we went down and now we have increased overhead at the $.17 range...I'd say at least 1.5 million off the top of my head. This is not going to be easy running it up to .20 cents...lots of people are profitable and are trading back and forth. That's good though...it means that the stick will hold each time it moves a little higher. It's much better to have two steps forward and one step back over and over again...than it is to have 5 steps forward and collapse. Somebody is taking this stock higher and they are not stupid about it. This is good I would say. 5 steps may sound more profitable...but when you are looking for dollars instead of just .50 cents...you want holding power. Weak hands must give way to strong hands. I think we are see that happen now. Next week will tell the story. If the stock holds on to 14 cents then we are in great shape.