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Microcap & Penny Stocks : CCEE Breaking Out
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To: Steve Turner who wrote (7215)10/22/1997 7:42:00 PM
From: Tom Daly   of 12454
 
>>>Assuming a person or persons wished to attempt to manipulate the price of a stock using a forum such as SI, what do you consider the upper limits of market capitalization and float for stocks that would be candidates for such a scheme? Do you think CCEE with about 120,000,000 shares outstanding would be a major candidate for such an operation?

Steve,

Some time back, someone (I think it was David Luckie) did an informal poll of CCEE shareholders on this thread and tabulated a figure of around 2 million shares. Additionally, an acquaintance of mine (not on SI, but who I pass information to about relevant events occuring here) owns another 1/4 million shares but, while not small potatoes, I guess the total amount of shares are not enough to influence the overall picture.

Tom
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