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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (13732)2/7/1999 11:59:00 AM
From: JoeinIowa  Read Replies (1) | Respond to of 29382
 
Sergio,

Remember that we are not dealing with huge companies with large floats. Typically the stocks that are pumped have small floats which means it does not take much to get them moving. Once moving the momentum players see the action and get in. You do not think that one individual who has 1000 people following his advice can move a stock? With the internet those 1000 people become 10,000 in the space on 15 seconds. Face it, my amigo, this is what is happening today. How long will it last? I suspect the next major correction will kill off most of these guys.

Jose