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Microcap & Penny Stocks : MAJOR DAILY'S WILD STOCK RIDES -- Ignore unavailable to you. Want to Upgrade?


To: Auricman who wrote (153)3/14/1999 9:39:00 AM
From: Chief  Respond to of 403
 
Auricman, et al

I am well aware of the events of Friday afternoon regarding SETO. What I am now requesting is that one or more of you savvy investors assist the Chief with some explanations as to this "Wild Ride".

Known to date : SETO was trading @.39 X.42 Friday afternoon 3:44 PM
Quick-picks placed buy recommendation on SET0 3:45 PM
SETO corporate (Oct 98) states stock buy back plan
SETO trades over 1 M shares last 15 minutes
SETO price spikes $1.50 X $1.56
SET0 thread, et al, hammered with attention
SETO MM's are caught with "pants down" (IMO)

What is the likely scenario for the open on Monday morning ? To date, I have read predictions anywhere from serious selling to a significant buy side bias thus elevating the stock to $3.00 . After all is said and done and the dust settles, where will the stock find a stable home ???????

Was all this buying a result of "Quick-pics" recommendation on Friday afternoon at 3:45 PM ?

Thanks in advance my friends,

Warm Regards,

Chief

PS -> Quick-picks has a very good track record with previous recommendations.