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Microcap & Penny Stocks : NCDR
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To: Q. who wrote (1411)5/28/2000 10:28:00 AM
From: lindend  Read Replies (2) of 1440
 
Anyway, good luck with getting a good price to cover. I covered at $1.50, which would be
$7.50 when adjusted for a 1:5 reverse split. My gain for the 7 months I had a position was
89.5%, net of trading costs. Not too bad, but you might very well get a big chunk of the
remaining 10%.

Finally was able to cover this junk at 3.625 (.73 cents split adjusted). 96% return--not too bad.

I suppose if I was more patient, I could've cover < $1.00, but I don't trust this crew.
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