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


To: Kimberly Lee who wrote (958)3/2/1999 7:01:00 PM
From: kathyh  Respond to of 13776
 
Kimberly, re: XTRA do you think there's any more news coming, or another reason to buy, or should I skip it at this point? Thanks!



To: Kimberly Lee who wrote (958)3/2/1999 10:49:00 PM
From: Dave Gore  Respond to of 13776
 
Right on, analysis. The question is: why is the BB market so defensive and will it continue?

Even more importantly, how do you best play a market like this?

*****

YOU SAID:
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.