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Microcap & Penny Stocks : USVO - USA Video Interactive -- Ignore unavailable to you. Want to Upgrade?


To: Jimbostein who wrote (269)3/27/1999 12:07:00 PM
From: Richard L. Williams  Read Replies (1) | Respond to of 648
 
Hi, Jimbo--
It seems the market took Thursday's news release very literally about no revenues, and decided to dump this stock in whole bales and sheafs. I kick myself for not taking a profit when I might have, but after the strong and seemingly well-supported climb, I was thinking there would be a nice rebound.

The heavy selling makes me suspicious...after all, this is a Canadian company, despite the Mystic, CT office. I have had bad experience with Canadian companies in the past with stock shenanigans (not that Americans don't pull them, though).

Will be watching closely next week to see if it is time to cut my losses and run. I am getting a really bad feeling about this.

Rick