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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Big who wrote (73360)5/5/1999 9:56:00 AM
From: Panita  Read Replies (2) | Respond to of 119973
 
MRBA imho this and must high profily IPOs must be bought after a retracement a few days to a week after they come public.

When you take out the available float there aren't many shares let. Insiders can't sell, underwriters can't sell.

Today volume is only 151K and it is up 3+. If this board would get behind it the stock would be up 65+.

Not all IPO are equal. Marimba is well know in the street and funds don't want to miss a well known stock.

Etoys is another one to buy when it comes public after a big retracement comes.