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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Lars who wrote (4129)3/28/1999 8:53:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
Lars: Nice article.

Re: "Kotinek said he doesn't see much action in the penny stocks today. 'They'll get hot again,' he says. 'That's the beauty of online trading. There's more and more ignorant traders out there that will buy high.'"

Never thought about it this way. It is the greater fool theory work as new investors come on line and provide the base for a new level to the pyramid. I suspect you are right. With the growth of the internet, this thing will not end anytime soon unless we get a long protracted bear market.