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Microcap & Penny Stocks : Service Systems International Ltd. (SVSY - OTC BB) -- Ignore unavailable to you. Want to Upgrade?


To: Krukov who wrote (403)5/10/1999 5:37:00 PM
From: Bill Fortune III  Respond to of 527
 
Hi Krukov, I would have to think that most is just profit taking, weak knees, along with the MM's doing a fine job of picking up shares at a reduced price. I am sure you know that MM's do really control the price of a stock that is listed on the OTC:BB.

Just as a piece of info and for what it is worth, I did pickup a few thousand shares on Friday. If the price is still down tomorrow will look at picking up more.

Regards,

Bill Fortune III

PS I am also going to post this on RB



To: Krukov who wrote (403)5/10/1999 6:54:00 PM
From: Bbarber  Read Replies (3) | Respond to of 527
 
Krukov:

I don't think anything bad has happened. We're just suffering from lack of confirmation on this news we've all been waiting for.

There's lots of good stuff on the horizon. Think 3-6 months when I say horizon. This "later this week" anticipation is what causes let-downs like we had today.

Good stuff includes financing, partnership, and sales. Also delivery of Rosemere-Lorraine, in mid June. All are moving forward, but these things just don't happen on a definite schedule. We only set ourselves up for disappointment when we hope for an immediate resolution to all the company's problems.

As far as dumping in anticipation of bad news, the volume was way too low. How many individual shareholders own enough stock to account for today's entire volume? Several, for sure. I think that dumping would be characterized by much higher volumes and much sharper price declines. Remember the pain of the debentures? Ugh, that was dumping.

Just my opinions...

Still long,
Bryan