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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Jamie Westock who wrote (84)12/19/1996 11:50:00 AM
From: George A. Roberts   of 341
 
jamie, are you sure that the two high powered exec's did not do some simple mathematics and realize that they could make a quick million or two on the stock options ..and be gone..I might not understand it but it seems if the stock goes to even a buck several of the powers that be a sanctuary will become rich ????I am a long suffering shareholder at $5.25 ..I own a bunch...(for me anyway) and realize it was my own greed that prevented me from selling out at a profit...
I think this company is mostly "hype" and the only reason I do not sell is "for a measly fifteen-fifty cents" I will let the son of a bitch go to ZERO...It has been a great and simple lesson to me
...."NEVER BUY STOCK IN A COMPANY THAT DOES NOT EARN MONEY"....
There are enough good opportunities in the market without trying to find a no earnings micro cap in hopes that you have discovered another Willy Gates....it will rarely if EVER happen.....
"frustrated incorporated"
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