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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?


To: MoneyMade who wrote (9267)3/14/1999 7:20:00 PM
From: Alan Coccio  Read Replies (1) | Respond to of 15987
 
ORTH- Looks VERY good. After it was mentioned here Friday near the close, there was a small amount of buying that moved the stock price. This one looks like it is ready to run and it apparently won't take much buying to make it happen.

SETO- Lots of people are going to get hurt Monday morning. After an internet service posted it as their pick on Friday at 3:45, orders piled in. It was 40 cents at the time. The market makers filled most of the market orders after market at the $1.50 area. A million shares traded after that pick with just 15 minutes left in the trading day. Over the weekend, another stock picking service recommended a sell on it to its members who had purchased it earlier. The earlier holders will sell to take profits, the ones that got screwed by the market makers Friday will probably sell since they paid about four times what they thought they'd have to pay for their shares. It's going to be a frantic opening for the stock.