VERY interesting RB post
By: ProStockWatcher
Reply To: 2321 by lizzoFriday, 24 Sep 1999 at 5:15 AM EDT
Post #2322 of 2323
PFCK ALERT!!!! PFCK ALERT!!!! RECEIVED PFCK BULLETIN FROM "MAJOR" WELL KNOWN STOCK ANALYST COMPANY - REMINGTON & ASSOCIATES, INC. (EDITOR: MR. STERLING W. REMINGTON):
"PFCK's Stock Price Expected To Significantly Increase Starting on Fri, 09/24/99"
"Peacock Financial Corporation's Stock Price Expected To Significantly Increase Due To Several Investment Groups 'Covering' Their Short Sell Executions That Were Made At Fractions of the Current PFCK Trading Price."
The deadlines reported for these investment groups to "cover" their short positions "in the open market" is 09/24/99. The first report that came in indicated one of these entities had not covered their short sell of 1,000,000 PFCK shares. It is now reported that 3,000,000 plus PFCK shares have not yet been "covered". With the phenomenal amount of PFCK ask side executions over the last week or so, coupled with the covering in the open market on 09/24/99, along with the continued buying pressure due to the anticipated 40 cent book value increase, PFCK's public float is set to have a "negative float" situation. With a company this "solid", and with continued breakthrough press releases continuing to add revenue milestones, we see a highly volatile situation that will undoubtedly cause PFCK's stock price to rapidly increase until these "backwards" float and short situations
are reversed.
Steven R. Pea####, PFCK's President and CEO, is thoroughly committed to increasing shareholder value and will continue distributing shares of subsidiary companies brought public to PFCK shareholders.
Our researchers have never before screened a single stock where such a vast number of price increasing criteria and data have simultaneously been reported.
We have a very unique situation here with PFCK. Our initial shareholder feedback reports PFCK is in very strong hands and very few will consider selling PFCK shares until after all distributions are made from the upcoming initial public offering of Solutions Media, Inc.
Remington & Associates, Inc.
Sterling W. Remington
Note: Our research is performed to help identify stocks that are significantly undervalued and have a serious amount of % gain potential. As always, we recommend that each investor perform their own personal research and due diligence. This is not a buy or sell recommendation. |
