SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : XSNI - X-Stream Network -- Ignore unavailable to you. Want to Upgrade?


To: Troutbum who wrote (474)5/12/1999 3:48:00 PM
From: $Mogul  Read Replies (3) | Respond to of 3519
 
CMON go up, dam MM's, Ahhhhhhhhhhhhhhhh!!!!!



To: Troutbum who wrote (474)5/12/1999 3:53:00 PM
From: donkeyman  Respond to of 3519
 
NOTE: IF A COMPANY HAS A IPO THEY CAN MOVE RIGHT ONTO THE NASDAQ Big Board WITHOUT DELAY --I was just told that it's TRUE.!!!! Can anyone confirm. i.e-A company like BID.COM with 40 million shares on the market had to wait over 60 day's before they were listed to the Big Board.!!!!



To: Troutbum who wrote (474)5/12/1999 4:16:00 PM
From: Pashoe1  Read Replies (1) | Respond to of 3519
 
Let's take this in perspective. With a small float this issue can move 20 to 50% in either direction. It should trade above 2.5 today but expect a drop in the coming days. Why? Well no information for one. BB stocks need information to move them. Especially after a big run like this one had. Unfortunately I did not check my email from my stock tip source until the weekend and missed out in getting in before Monday's gap. He did inform me that the short term target is 12 to 15. So again be patient. Not to say he is always right be does have an excellent track record.

But let's look at the Good Points: Small float (good) . Lehman Brothers as their broker (excellent). A good foothole in an expanding industry via foreign countries. Now I am going to do some more DD on the Lehman Brothers rumor, if this is indeed factual then this stock's market value should be atleast 8 but likely more. As of 3:54 the price is 2.99. Now again be prepared for this issue to trade in the ones for awhile. Not to say it will or won't but with no PR and little information some investors will decide to pull out and the stock price will fall. If and when PR is out then this stock should see significant gains. Maybe not 6 (short term) but good gains.

Last, it all comes down to the confidence you have in a company if you want to day trade this stock be warned you may see a 50% drop in capital. But remember it is a paper loss and this issue did move based on word of mouth and that tells me that their are investors waiting on the sidelines for good news.