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Microcap & Penny Stocks : RUMC...target...takeover

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To: SusieQ who wrote (6)10/11/1999 10:37:00 AM
From: vagabond  Read Replies (2) of 20
 
Re RUMC: Feel compelled to point out that on August 13-th, this stock made a one-day runup to .31 on rumors -- only to fall back to .04 the next day, and stay in the .02-.03 range for most of the time since (in fact, not even trading on MOST days). I can't find any old news stories now to refresh myself on details of that last runup, but THINK the rumors at that time also involved a supposed buyout.

Maybe things have really changed since then, and there's some substance to the new talk. But anyone interested in RUMC should keep that past history in mind -- and maybe think about the folks who bought in at .31 two months ago...

Vagabond


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