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Technology Stocks : Worldwater Corp -- Ignore unavailable to you. Want to Upgrade?


To: Pattie who wrote (38)5/6/1999 4:34:00 PM
From: Dave Gore  Read Replies (1) | Respond to of 384
 
TO ALL "LONGS": I don't often want to bother talking about short term trading actions on stocks that are one of my "core" holdings, but there is some MM games and also some actual selling still going on among a large shareholder and some smaller ones who are selling into any run-ups.

Their shares are getting absorbed by friendly long term hands....mine, your, and more significantly, many long term investors with positions generally much larger than yours or mine.

The fundamentals dictate that we should be higher in my opinion, and I am sure yours, but there may need to be a bit more selling and re-buying before the vast majority of the float is locked away in friendly, long term hands.

If you are long, you don't mind waiting until the 25 - 40 cents buyers are out and the new base is 60 cents and up.

A solid foundation is a positive thing.

Regards,
DAVE