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petermic

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petermic

Re: airbus300 post# 89

Tuesday, 03/30/2010 9:08:01 PM

Tuesday, March 30, 2010 9:08:01 PM

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I'm not familiar with ENCO particularly, but I do trade every day these momo stocks.

Lately there has been a mania for low float, low priced stocks. Any excuse will do. Chat rooms get together and together they produce a run-up.

A whole bunch of stocks have gone up crazily just lately - ABIO, VIFL, SCKT, OBCI, et al. I believe it's mainly the daytrader chatrooms making it happen. I've seen it in the past as well.
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