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Microcap & Penny Stocks : SETO Semicon Tools Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (1696)3/14/1999 9:29:00 AM
From: KZAP  Read Replies (2) | Respond to of 3222
 
GB, I know of 3 separate groups that currently
list SETO as one of their picks.

Not bad for a stock that was so beaten down
just weeks ago! IMO

Looking forward to what you find out about
Quick-Picks.

Cheers!

KZAP



To: Ga Bard who wrote (1696)3/14/1999 11:08:00 AM
From: David Smith  Read Replies (2) | Respond to of 3222
 
Don't feel sorry to inject, it is always good for knowledgeable people to provide information.

Bringing attention to the stock is what Quick Picks should do.

In your last post you said:
Now if I personally was going to do this I would make it on Friday afternoon also which would give everyone time to do a weekend of DD before investing their hard earned money.

AGREED! But not before market close.

However, releasing the information 15 - 20 minutes BEFORE market close on a Friday does just the opposite. It instills a fear that they will miss the buy opportunity available to them Friday and provides NO time to do any DD. Worse, it provides a compressed non-orderly market where the MMs can gouge and cause an extreme runup in an incredibly short time.

So what do you have now? You have those who are now weary of buying Monday morning because the risk/reward ratio has deteriorated considerably and you now have motivated sellers on Monday morning. In other words, what would have been a great buy at .50 becomes MUCH riskier at over 1.50 and those who have a considerable position are motivated to sell. Do you not agree?

I like your idea of releasing the information to give everyone a weekend of DD before investing their hard earned money. Unfortunately, this did not happen.

David



To: Ga Bard who wrote (1696)3/14/1999 11:12:00 AM
From: Joe Bilich  Read Replies (1) | Respond to of 3222
 
Thanks Gary--appreciate the past history on some of the Quick Picks stocks.