SI
SI
discoversearch

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 : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?


To: Reinhard who wrote (4674)3/3/1999 1:34:00 PM
From: swedelo  Read Replies (2) | Respond to of 6545
 
Mr. Reinhard,

It was a lot easier for penny traders and gamblers to buy and sell large lots at .50-.75 than it is for them to do at 1 5/8 - 3. Investors, for the most part, now hold the stock. I still believe there is one large seller (CFG or someone else that was traded a large block for services) and a scattering of in/out small penny players whose definition of long term is last week. It will take a substantial event to bring in the "sex" required to move us up on strong volume. It will take a continued sell-off by the large holder also (which they have shown a reluctance to do below 1.75) to move us substantially lower. As an investor, I have used the weakness to accumulate. Still haven't sold a share, and don't intend to unless the business model collapses or we get astronomically over-priced. I don't see either happening in the next 3 months, but who knows for sure? It is still very speculative, but WINR has done nothing to disappoint me so far. I won't even attempt to suggest investment strategies for you (couldn't pay me enough), but I generally use the rule of thumb: If my investments keep me up at night sell them. I've been sleeping well., Thank you. As always....

Best Wishes,
Swedelo

PS: It won't be fund managers, brokers, or analysts that take us to the next level. These guys don't jump on board anything until way down the line. It will be more speculative individual investors that will take us up the ladder as WINR places more rungs out there to climb up on.