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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (522)2/7/1999 8:27:00 PM
From: Rande Is  Read Replies (1) | Respond to of 4766
 
William, don't misunderstand. . .

I love stocks with small floats. . . And I wish we had weeks like last week EVERY week.

Perhaps I wasn't clear in my concerns of last post. The 2nd tier online brokerage houses were daytraded one by one, and often all together.. . .by professional daytraders, mostly.

However, this coming week, with regard to the numerous OTC stocks that have been discussed, is different. The list of OTC and a few Nasdaqs that have been discussed all over the net for trading this coming week have ONLY one thing in common. . .low float.

It is not a sector. . .different threads are leaning toward different low float stocks. . .not the same ones. . . pro daytraders generally avoid OTC. . .and OTC does not enjoy CNBC coverage. So everything is different.

My warning is to those silly enough to think that just because low float online brokerage companies soared last week. . ."popular" low float OTCs could soar this week. And no matter how much we "will" them to go up on the various threads buzzing the different symbols. . .there is no connection with last week's online brokerage mania.

Yet the hype continues. . .

Rande Is