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Microcap & Penny Stocks : CLSI: Clancy Systems International -- Ignore unavailable to you. Want to Upgrade?


To: chalu2 who wrote (2)2/27/1999 5:03:00 PM
From: Tazman  Respond to of 101
 
Well, the good news is with all those shares there's no problem with liquidity! But in all honesty, I was in ININ with over 700 million shares (created with a FORWARD split), and it had no problem with going from .03 to .09.

The great question is whether that was real volume yesterday, or just a couple of MM's swapping some shares to brew up some interest.

I'm a patient person, so I took a very small position (110,000 shares) yesterday will hopes of .03 or .04. This isn't a company with tons of debt or a bad balance sheet.

I made a trade yesterday (owned the position for 8 minutes) that made what I invested in CLSI, so I feel I got a free position in the company.

It's not the next Microsoft, but all it has to do is go to .02 and it will be a better performer than Billy Gates in the next year.

There have been a lot of P&D's lately on the threads that are shells or don't even have a phone, I think that makes this investment a blue chip compared to those. That's based on what I know. Their may be things that I don't know, and only time will tell on that.

Good Luck,

Bill