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


To: Ga Bard who wrote (1864)3/17/1999 9:05:00 AM
From: KZAP  Read Replies (1) | Respond to of 3222
 
Good to see your post GB.
The time off did you some good, didn't it?

I picked up what I could at .23 and .34. I'm
very satisfied! I'd guess your position on SETO
is about like mine. Of course we want to see the
stock eventually be trading above the dollar mark,
we don't mind the opportunities that may present
themselves to buy at a good discounted price.

KZAP



To: Ga Bard who wrote (1864)3/17/1999 9:29:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 3222
 
I agree for the most part with your assessment. The placement of market orders into a newsletter release is a death knell for sure.
The MMs shouldn't be slammed for taking advantage of it. They didn't create the buying frenzy. The greed, stupidity, whatever of those that placed those market orders certainly produced the run to $1.50. However, that does not mean they are the only culprits here. Call me a cynic, but I still have a problem with our 3:45PM club announcing these picks with the warning that they should of course be thoroughly DDed. After the bell would certainly have enhanced their credibility.

Andy Warhol used to say everybody gets 15 minutes of fame and looks like they are taking him up on it.

TG