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Microcap & Penny Stocks : VERI: On the rebound

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To: tranzz who wrote (3)2/11/1999 3:11:00 PM
From: E. M. Edds  Read Replies (1) of 11
 
Two scenarios which would be ideal for a VERI investor/potential investor:
1. The stock rebounds to 2.25 on its own.
2. VERI initiates a gross negligence suit against NASDAQ and wins. Then, we would be sitting on a stock previously valued at 2.25 with a new infusion of cash. I don't know VERI's position on such a lawsuit, but have a call in to the company and will report back.

This clearly is a case that, with due diligence, could/would have avoided a loss of market capitalization for VERI if NASDAQ would have taken steps on a more timely basis to avoid this fiasco.

I'm comfortable in my investment here.
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