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 : CMOZ, next cmgi -- Ignore unavailable to you. Want to Upgrade?

To: Ned Land who wrote (428)	2/11/1999 8:13:00 AM
From: TOPCAT1	Read Replies (1) \| Respond to of 947

I think it is too early to really tell if CMOZ is a good investment... this started off like dozens of plays in this sectors... most people that play the penny stock game and day trading game are just looking to hitch a ride on a momentum play... and there is no doubt about it, CMOZ ran to $5.00 and for several days played over 6 million shares per day... most of that wasn't real buying, just the good old Market Makers, Pro-Traders and Day Traders hitching along for a ride... thus the volatility... since then the stock has quieted and it tending to move in concert with the other internet plays... everyone is waiting to see if CMOZ has anything more left... their web site is underconstruction, they say acquisitions are in the works, they say financing is being worked on and they have hired a PR firm... well... my guess is that we are going to have to wait and see but one thing is for sure, when something is coming the volume and volatility will increase as every day-trader alarm board lights up and they begin to buy and sell...