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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: TraderGreg who wrote (1657)7/7/1998 10:33:00 AM
From: John T. Hardee  Read Replies (1) of 3693
 
The MM are not having to hold back buyers yet. With Madera reporting earnings of .021 cents one would expect a little stock movement. I have been with this stock for many years waiting for a breakout always buying stock to average down.

I wonder what Madera thinks will happen when they post again earnings confirmation information. Nothing happened on the first release other than we had more sells which drove the bid down to .04. I do not see any Meyerson inside buying by the Madera MM. What is he doing right now to set up for the 2nd earnings release stock movement.

Investors are running blind on the future of Madera. If Madera is going to open the saw mill today, Tell them it has been raining like hell there for several days.
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