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Replies to #12724 on Five and Under
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Patsy

08/07/01 4:39 PM

#12727 RE: bagheera #12724

As far as I'm concerned 99.9% of them are POS, rare for me to go long on any of them. Long to me is a double from my entry price.
Sometimes there are exceptions but it's been a long time since I've seen one.
Everybody is in trouble, MM's with the low trading volume this year and I firmly believe that's why the spreads are getting much larger on the OTC,they have to make it when they can.
The brokerage houses are in trouble because of the low numbers of trades in all the markets.
Investors because there's not much confidence left and it doesn't seem as if there are many long term holders of anything anymore, they're getting flipped for a few pennies and not having a chance to consolidate like they did a couple of years back.