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Microcap & Penny Stocks : WCTI (Wordcruncher Internet) Search Engine of the future. -- Ignore unavailable to you. Want to Upgrade?

To: Guy. who wrote (4711)	3/10/1999 12:10:00 PM
From: Smilodon	Respond to of 5300

We agree on EBAY, From a purely practicle standpoint it is very difficult for a micro-crap to become something like EBAY. This applies to all, even those who have good businesses. The problem is getting analyst support. You need to generate large investment banking fees to get the big name brokers to push your stock to insitutions. Once a stock gets huge, then the other brokers will follow it to capture the commission revenue. Also, if investors can look back on a chart and see a stock that traded at $2 (without splits) it is human nature to think it is really a crappy company and could go back to that level. However, it is possible for a microcap to go straight up. Look at USAT which got up to a $1.3 billion market cap before the SEC halted it. They used their own multilevel marketing people to pump up the stock with a small float. Of course it now trades on the pink sheets, but it was the most successful pump I have ever seen, but the Feds put a stop to the dump part. Obviously I don't think WCTI can go up that much, although for a while it seemed to be easy to manipulate. But really, this thing seems to be on the "death march" now. You won't get any medals for following along with it. Better to move on the the next hot thing. Good luck in all your investing, Archer