4/24/00It's been crazy the last few weeks, and I don't think
it is going to get much better anytime soon. Gotta be
careful where you are putting your money now. I am
hesitant to even recommend any penny plays but I will
anyways. I am staying away from anything trading
under .50-$1. A lot of the cheap pennies that are
having trouble with reporting financials are very
dangerous IMO, and aren't worth the risk they impose.
Invest in fully reporting companies that can keep
trading without the extra "E" on the end. Ok here
goes....
1)INVT-Of course. I continue to pound the table on
this one even though it has been in a serious
downtrend. The NASDAQ correction is partly to blame,
but also the lack of informaiton and news from Optica
management. MM manipulation is also a big factor from
what I hear and witness. I expect the BS to change
very soon though. If you have been waiting to get in,
now is the time. It is trading below 4, but not for
long IMO. Still expecting a listing on the Frankfurt
Market(DAX) in Europe, and a Public Relations campaign
to go with it. The NASDAQ filing is in, and we should
expect to hear something in the summer months about
approval. Buy and Hold
2)TSIX-360Networks which recently IPOed on the NASDAQ
is a screaming buy right now IMO. You like Fiber
Optics? This is the one you want to be in, and
especially at 19 a share. If the NASDAQ would have
been in the bull market of late, this could have
opened and traded above 100 easilly. 3-5 years from
now, this will be one of the new "leaders" and getting
it at this price is a once-in-a-lifetime chance IMO.
Their CEO used to be the CFO of Microsoft, and they
have major players on their side. Buy and hold
forever.
3)POPM-I have not researched this one AT ALL! I know
NOTHING about this stock, except a rumor that I heard
about them being in negotiations with Disney to be
bought out. Once again, this is only a rumor that I
heard so play at your own risk, and PLEASE research a
stock before you invest in it. I am not buying it,
but just putting it out there for anyone to dig deeper
into.
Once again, be careful what you put your money into in
this market. Most of the "big money" is going into
the leaders that have earnings...Large Caps. Good
Luck to everyone in the Crazy markets out there!