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Re: [sharechat] Savoy doomed to slide?


From: kevin.young@gfmb.co.nz
Date: Thu, 17 Feb 2000 12:04:57 +1200




Terry

You sound a bit annoyed that Savoy has taken a slide. Savoy is a trading stock.
No serious investors would even touch Savoy. Traders favorite stock are penny
stocks which trade on high volumes.  Traders buy stock on hype and rumours. they
don't care about fundamentals just making money. I have traded this stock twice
and have picked up over $30k profit on the two deals, both deals without having
to outlay a cent.

I will be watching for Savoy if they slide down to say 5c and doing it all
again. The "window of opportunity" is here for traders and it won't be here
forever.


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