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Microcap & Penny Stocks : BLHG, Fast Track Growth in China

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To: campe who wrote (3688)7/30/1999 7:24:00 AM
From: Pendretti  Read Replies (1) of 4080
 
I think you all are not looking to the big picture.

These companies they acquire ACCEPT shares of blhg instead of cash. So they must believe in the long term story, otherwise, why sell for stupid OTC-BB stock.

But, I think the short term risk is in the fact that the company could get delisted from OTC-BB as I understood, right Debby? Then you have shares which are not easy to trade and who wants that. That is the main reason for the sell off I believe.

At this price I am thinking of buying in again, the downside risk is not that big anymore (I sold at 1.02). If Jerry gets his numbers audited in time the company will not be delisted. That would be a good thing for the company.

Any remarks are welcome.

Rene.
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