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Pastimes : JAVA - Short squeeze

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To: FARRIS who wrote (124)11/6/1997 10:41:00 AM
From: Beermeister   of 157
 
Jump over to United States Basketball League (Nasdaq-BB-USBL). Hi guys, sorry for the disruption but I found a really hot stock and just bought in. Since I started the JAVA thread I figured I could tell you about another one. Here is the story: The league has existed for 13 years and is currently profitable at .05 per share. Earnings will be released in February. 109 players have graduated to the NBA. The key with this one is that the float is small: Only 500,000 shares are publicly traded (3,430,000 issued and outstanding), with 85% of the company owned by management. Lets jump over as a group and buy a few hundred each and watch the price soar!! I suspect this stock will be worth $20 to $50 over the next few years. There are 12 teams with plans to expand to over 50 in the next five years. Check it out guys at usbl.com and call your broker and order some! By the way, JAVA will still be here.
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