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.
Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: John Nash who wrote (4034)3/4/1999 10:18:00 AM
From: Bucky Katt  Respond to of 57584
 
Out of it. Just buying my position picks, when I can get what I want, at my price.

Rande, PAGE has a float as big as the sun, not worth screwing with, IMO.

JMAR & ONSS still looking good.......

Look what the 15 year old "whiz kid" did with CITI yesterday. Glad he did it, was a position for me. These groups just gang bang low float stuff, which is why I still like things like IEIB, ONSS, OBCI, because these groups will rotate into them at some point, on news or not, just like they did with CITI. I want my position full, to sell to them, not buy with them............I don't like mutton<LOL>



To: John Nash who wrote (4034)3/4/1999 10:31:00 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
To all; PLCO...3 things. . . First, with OTC stocks, you BUY the news. . .second, this latest press release is by their NEW PR firm out of NYC, I believe. . .much better writing. The announcement of the company hiring this new PR firm has yet to be released. . .and with the company making .32 cents just this last quarter. . .I would think they will play up the financials more. . .maybe even reporting more often than before.

The third and most important thing is that this latest launch was for their "stale inventory" disposal. The MAIN launch with whatever partners they sign [remember this company has plenty of cash]. . is coming over the next month or so. Also, remember that this last website was active for 2 weeks prior to the company announcement of such.

Remember the OTC is a different animal. . it takes lots of time for people to "discover" a company. Many will be calling the company today about the preferred shares. . . they have trouble [as I first did] believing that they convert into 6 commons later this year [arguably between August and December].

Once again, for the pfd to have a value of 1.50 the commons would need to be at a quarter. With commons at 2.00 bucks the preferred should be at 12.00. I suspect that one day with no notice an MM will come in and race the preferreds up near where they should be now. . .which is probably close to 10 bucks.

So, this is hardly a momo, IMO. . .too many surprises around the corner. . .and news is not leaked ahead of time. . . rather a good old-fashioned swing trade where you win only because you held.

Rande Is