Rat dog micro-cap picks... Message Board

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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: jon_ewad who wrote (1961)	3/4/2000 8:14:00 PM
From: BRAVEHEART	Read Replies (1) of 48461

Hi Gang, William you said you were familiar with PCTH. Then I'm sure you are aware of the vote & conversion issue. Most stocks I have followed lately have traded up significantly post conversions. NEOP converted at .55 and traded to $3.5. ARIA converted @ .50 I believe several weeks back and the rest is history. I truely believe PCTH has a solid story to tell. It looks like a $3+ base has been established recently to propel the stock upwards from. Yes this is the most positive scenario. Conversions are tricky. Hence if you are unaware of these mechanasims stear clear or watch & learn. Surely a more negative event could play out. The dilution could fail to be absorbed or it could be used to sell into offshore short positions at much higher values. I wish this were more clear cut but once we know how many shares are fully converted we will have a much clearer picture. If they take it up $9 or $10 is possible...possible... Remember they took it to $7 from $1.5 a few weeks back on that Discodial Capacitor...Yes I was here but a few days before on that one too. Remember... : ) Again WATCH PCTH this week... Jeffrey

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