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Non-Tech : The WOLF PACK

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To: Boolish who wrote (1029)7/13/1999 2:22:00 PM
From: Spark  Read Replies (1) of 1692
 
MGHC......A pick from my buddy Jeff...

heres the info i got from the IR person......

could be a short fast ride or a good long term hold.....

these guys are developers

biz.yahoo.com

financialweb.com.

they had a reverse split in april of 1/35

the shares now are 700,000 out and only 350,000 in the float!

those units they are building are 35% complete and will sell for 750,000 to 1 mil each.....

they believe they will get that deal on the 600 room complex....

plus they are planning on merging with a mortage company so they will have control over the whole developement......

they are planning a press release next week.....

he believes the stock is being shorted......could be a huge short squeeze play.......

only at .10 right now and only a 350,000 float

so this could be a great short term or long term play......
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