Value Holdings (VALH) Message Board

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Microcap & Penny Stocks : Value Holdings (VALH)

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To: InOverMyHead who wrote (164)	6/23/1999 10:40:00 PM
From: Jorjenzak	Read Replies (1) of 1152

Glad to hear the report from the company on the R/S rumor. If a big chunk of the 900MM shares authorized were out there trading I would be concerned as the stock would be too liquid and an R/S might help the stock price in the long run. (don't scalp me over this comment, I'm not in favor of any R/S. Been in a 15/1 and it hurt...until the price came back like a demon and got out with minimal loss when could have gotten out the same day with a nice profit if I had been more patient. :]) 90M on this company is no problem. I figure that puts the cap at 6.3M, correct? or 63M if you count all the authorized shares, but that does not make any sense. I would expect the company to use some of those shares in making acquisitions at some point however. Cheaper to buy for stock than cash and helps you retain key personnel and marry them to your own success. JMHO, any other thoughts? Looking forward to news on new acquisition. Hope it is as juicy a good deal as the lumber company!

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