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Microcap & Penny Stocks : WR, LB and Friends. NO HYPESTERS OR SCAMMERS -- Ignore unavailable to you. Want to Upgrade?

To: kathyh who wrote (837)	3/2/1999 6:25:00 PM
From: Kimberly Lee	Read Replies (2) \| Respond to of 13776

thanks, Kathy. I've noticed that lately there are far more traders selling the news than buying into it. The penny market has, for the most parts, turned defensive, with most mms start shorting issues earlier, counting on insufficient interest and momentum to sustain price appreciation. MRPS, IHWY and IMOT all went through that process in the early stage. But once the shorting mms capitulate, these issues were so coiled that they exploded. XTRA's news today was good, but less than really exciting, besides, there was plenty of buying on Friday and yesterday ahead of the news (most likely a leak), and that makes most buyers wary in this market.