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Microcap & Penny Stocks : VCAR - Vector Aeromotive

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To: kathleen who wrote (129)8/7/1997 7:09:00 PM
From: George C. Grasser   of 431
 
kathleen:

I want to answer this question without it seeming I'm beating around the bush. I'm in VCAR at $1.02. So it looks to me lie a BIG loser. I am also in another stock (LUMA) that used to be a buck for .15 and .08 respectively. The people in that stock for a dollar are of course real upset. But since I'm in so low, I think it's great. I'm going to hold my VCAR until my loss is tolerable at about .80 if we get there. They are alot better company then they were when it was $1 or even .75. The fact that it did not run up quickly has my money going elsewhere. (SCMS, LUNN, LUMA seem more stable.) No doubt VCAR is a risk. But this time it could be a winner. I personally have not purchased more of VCAR since the tradelink deal.

Regards,

George
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