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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks
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To: Alan Markoff who wrote (3159)12/11/1997 4:01:00 PM
From: Tony  Read Replies (2) of 8835
 
Re:USBL
with only 3.4 Million shares to spare plus 70% tightly held by insiders to me spells forward splits when the demand starts rolling in.

Is there any statement on the part of the insiders to the effect that they're not planning to sell their shares into the float when the demand picks up? If they sold 20% (600K shares) they'd quadruple the float, make a lot of money, and retain control of the league.

I am new to stocks, is this the kind of information I would get by calling the company?

Thanks in advance,
-Tony
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