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


To: Dave Gore who wrote (2326)4/26/1999 8:00:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 3222
 
I am quite confident that the current quarter will certainly do better than 1/4 of last year earnings. There are significant numbers of shares being held long term.

One interesting point though. The greater the % of shares held by long term investors/insiders, the less control those long terms have over the stock price. The minority group, those who control the trading float, play a much greater role in the determination of the volatility in the price. And in an interesting twist on the "He who has the gold makes the rules" rule, the smaller that minority is, the greater their role.

TG