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Microcap & Penny Stocks : GROS- Grossman's: A $.70 value play

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To: Albert B. Kisselburgh who wrote (156)8/1/1997 7:30:00 AM
From: Larry E Smith   of 174
 
I went thru this same situation with Grant Geophysical
common stock a few months ago. I lost $8000 bucks and it was not pretty.

Grant Geophysical will cancell all current shares soon and they are just worth .01 or less.
I sold all shares at .02 cents and kept on chugging along with
life. This is the ultimate risk we take in holding any stock. I mean ANY stock!.
With the $750 left I bought into a very high risk penney stock!. What else
could I do. Hopefully the penny stock I bought will get going strong.
So far so good.
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