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Microcap & Penny Stocks : Redneck Foods (RDNK) - Poised to become a national chain

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To: Peter H. who wrote (71)5/14/1998 10:31:00 AM
From: S. Day  Read Replies (2) of 125
 
Hello Peter,
I too live in the Asheville area and have added to my initial RDNK position on two occasions (on the dips). I have kept a close eye on the company since first investing last December and remain very long this stock. Nobody knows how any stock will perform over the long run but large price fluctuations in this stock are to be expected. This is a very young company, a BB stock with a small float whose price can easily be manipulated by traders who are not long the stock.

I will visit the Kissimmee location this June and report what I find but there is a very in-depth description of the restaurant at post #33. If you have any questions about the West Asheville location or any other matter I would recommend you call the Redneck Foods office at (828) 277-5577. I spoke with David Womack (president) recently and he is very personable and forthcoming with information.

Remember, after any good news such as obtaining financing or the signing of a franchisee you will see a good "pop" in the price of RDNK.

Hang in there,
S. Day
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