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Microcap & Penny Stocks : CCEE Breaking Out

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To: IncredibleHult who wrote (7562)10/31/1997 2:50:00 PM
From: Rick  Read Replies (1) of 12454
 
>>>>>>>>>>>>>>>I think they are running a different
scam. Most of the companies which are mob controlled have real liquidity problems
because that is the way to manipulate them.<<<<<<<<<<<<<<<<<<

This one DOESN'T????? The don't own anything (assets) to speak of and stock sales keep them afloat as I read the financials. If I wanted to give $20,000.00 to my political buddies, and keep my salary, and drive my porsch to the country club, and keep my kid off of the streets, I might be somewhat compliant. For every stock dollar into the company there is 1-3 outside if the math is right.

You are right that this one is somewhat different in that it is sooooo nice it doesn't make sense to tank it if you can foster enough FAITH to keep it going. After all Fred the numbers game dealt in penny's but the government has ruined or moved in on that racket. What's a guy to do??????

>>>>>>>>He did not think this was a "mob" thing but that I
should protect any gains with stop losses which I have
done. (He didn't think I should be in the stock.)<<<<<<<<<<<

No one associated or even close will ever admit it. But this guy at least sounds like a friend.

====================

Mob-Exploited Stocks: Most
Have Suffered

These stocks have been identified by BUSINESS WEEK. The companies say they know
of no Mob stock-rigging.

52-WEEK HIGH PRICE 12/3/96
AFFINITY ENTERTAINMENT 10 2 /32
Produces feature and TV films

BEACHPORT ENTERTAINMENT 6 1 1/2
Entertainment production company

CELEBRITY ENTERTAINMENT 3 11/32 3/16
Operates theme park in Florida

CRYSTAL BROADCASTING 6 1/2 9/16
Runs and acquires radio stations

FIRST COLONIAL VENTURES 8 3/4 3 7/8
Miscellaneous holdings

GLOBAL SPILL MANAGEMENT 11 23/32 3/8
Environmental contractor

HOLLYWOOD PRODUCTIONS 11 1/2 8
Motion picture producer

INNOVATIVE MEDICAL SERVICES 7 3/4 4
Makes water-purification system

INTERNATIONAL NURSING SERVICES 8 1/4 1 5/16
Health-care services

MAMA TISH* N/A N/A
Makes Italian ices

NOVATEK INTERNATIONAL 13 1/8 1/2
Makes diagnostic devices

OSICOM TECHNOLOGIES 20 1/2 8 1/2
Fiber-optic products

RECLAIM 42 1/2 1/8
Builds solid-waste treatment plants

SC&T 9 5/32
Makes multimedia peripherals

SOLV-EX 38 13 5/8
Extracts oil from oil sands

TJT 9 5/8 5 1/4
Tire repair and reconditioning

*Initial public offer was withdrawn, November, 1996.
DATA: BLOOMBERG FINANCIAL MARKETS, BUSINESS WEEK
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