SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?


To: GSmithers who wrote (16918)4/23/1999 12:32:00 PM
From: CigarHolder  Read Replies (2) | Respond to of 40688
 
(puff, puff) Don't get caught up in the daytraders activities. The volume is good, swell, in fact. Remeber the price went down to 2.5 and up to 3.25 all in the space of about an hour. Now, if you were a good daytrader, would you have bought at 2.5 and sold at 3.25? For a 1000 block, that's a $750 profit less commisssion. Not bad.

Don't lose sight of the bigger picture in light of this activity (up,down, sideways). This is how OTCBB's are done.

What I like is the splendid volume. It means that we are being traded and remaining active. Good.

IMO, because of the profit taking in the bigger stocks as a result of the overselling recently, some of these profits are being channeled to OTCBB's. Again, good for us. It also means more day traders funds to play with. Remember, these guys were burned bad by the overselling.

(puff, puff)
CigarHolder