ASK: "THE LAST DON" OF MOMENTUM TRADES Message Board

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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES

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To: Jim B who wrote (15526)	7/31/1999 6:55:00 AM
From: hoffy	Read Replies (2) of 15987

C'mon Jim. YOu tell me that the company is real and to read the thread to find out. These threads do not give an honest representation on any company, especially BB stocks. If you go by these threads than every BB company should be selling 10 times where it is now. But the financials that came out did look good for a struggling company. I think the reason it went down is that the company is issuing more shares and dumping them into the market. It even said in the last press release that they would be doing this. Otherwise I don't see a reason for the selloff. The stock wasn't up that much to have profit taking set in already ad nothing in the release would have caused a panic. With over 70,000,000 shares traded in 3 days it makes me think that they are more shares out there than anyone thinks. I'll be watching it next week to see if it looks strong. Might be a good play after the big drop on Friday. Good luck with it.

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