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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (2017)	5/8/1999 11:30:00 AM
From: Ga Bard	Read Replies (1) \| Respond to of 4766

OTC under $1.00 and especially under .10 are mostly day trades because of internet hype. Brokers rarely get in these long term. Get in and out and follow the pulse of the touters on the internet. Now safe plays are the fully reporting over $2.00 that have held for a while on small volume. Charting shows you it is tightly held. Also daily volumes under 50K is another good sign as to how tightly a stock is held. An internet based stock is not very stable and will crash in seconds. Friday I waited for CBQI to drop back to $5.00 after coming up from 2.75 and I got more just at the bell which ticked it up to 5.75. However GVRC and USTC were in control of it all day buying the sells, btsers, shorters, whatever. Just before the end of the day small buying came in so I jumped when no sells hit like they were doing when HILL, TVRS, SHRP and WIEN were controlling this stock. They like to sell amoung themselves and take it down ... This is why I like solid MMs on the stock. They put a stop to the rippers. TA on charting and some common sense is where I like to play. There is too many BS OTC stocks that have opinionated potential and rarely one shred of fact to support the tout. Also less internet buying on the floor the better ... Silence is golden to coin a phrase. One other note. Most internet do not think that buying a stock over $2.00 is profitable nor can they afford it. Internet wants these lower pennies for maxium gain. However, a $1000 invested is a $1000 equity ... These types load up on the stock and they themselves can crash it. SOmetimes you can buy more than you can ever get out. Now take an OTC that gets above the $5.00 they qualify for NASDAQ and a different breed of investor come in that the $2.00 mark which gets a different breed than the pennies. So as you can see as a stock grows there are flags that can show you that you basically have found a solid play. Just like the pennies sometimes you have to wait. But stocks over $2.50 get brokers and stock over $5.00 get mutual funds/institution. You have more stable money and mental awareness of the market in the higher stocks than the lower. Lower are basically internet based and you know the mentality of the internet. JMO GB