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Microcap & Penny Stocks : Biosafe International, Inc [BSFE]

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To: DCBEN who wrote (39)9/2/1996 3:12:00 AM
From: Audun Narvestad   of 280
 
True, Allan
Let's hope that the string of bad news will soon be over.

What puzzels me is the strong influence papers can have over a stock. I know of a similar story where one paper singlehanded talked the stock down from 12 to 7 by constantly writing negative articles. And this is a big company called Kloster Cruice (or NCL Cruise lines - the third biggest cruise lines in the world). The background for this, probably was that one of the largest shareholders in Kloster Cruise, once tried to buy the paper, but he failed. Since then there has been hostile feelings towards him. Therefore they always picked on the Company. But the fundamentals always have to win: Now the stock is trading at 15.

Talk to you later
Audun
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