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Microcap & Penny Stocks : ISGI ANYONE????

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To: Jerry Keba who wrote (2528)9/14/1996 5:06:00 PM
From: Mike Sawyer   of 2665
 
It is smart for a company to announce this sort of news close to the weekend. That way they can avoid an ugly scene when everyone scrambles to dump before having a chance to digest the real stuff. The weekend is giving us time to dig in and find out what might happen. And to judge wether it is worth the risk to forge ahead or just dump for whatever the MM's will let us have on Monday. I'm not dumping so I will not cause the price to drop...If someone wants to take my place, go ahead. This stock is not for the squeemish.

I'm not holding on because of a wild guess. I'm holding on because I believe it is the best thing to do. If everybody did that, it would make a lot of people stop and wonder what in the world is really going on. And as I stated before, I don't think that we will see a mad dash to dump everything on Monday. Sure, some will cut it loose. But many will hold and some will even buy more. The big question is, will the MM's drop the price way lower than really called for just to shake the loose leaves from the branches. And pick up another huge load at a depressed level, knowing that the IB's will be paying well for the stock.

...click your heals together three times and say "I wish I had sold...I wish I had sold...I wish I had sold"

Mike Sawyer
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