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Microcap & Penny Stocks : Power Technologies, Inc. (PWTC - 3.75) -- Ignore unavailable to you. Want to Upgrade?


To: trader who wrote (213)5/19/1999 11:38:00 AM
From: A Special One  Read Replies (1) | Respond to of 366
 
Using promoters is never a wise...

Using West Coast promoters to broaden the external audience for a stock is really a double edged sword. On the positive side, many more people will witness the expansion of Power Tech into a powerhouse over the next year. However, on the flip side, the promoters forced the stock to "go" before it was ready, and as a result, it's now pulling back. Hang in there though, this company is the real thing. Just ride it out, let the promoters shed their positions, and watch them cry six months from now when the stock is in double digits.

Note: I'm not referring to ICC when I say West Coast Hustlers. ICC is reputable. Actually, I'm referring to "the duo" in Vancouver. I never believe anything those two say. They always set time expectations, which in the real business world, is not fair. Negotiations and agreements take time - you can never set a definite date for an announcement of any kind. Just be patient.