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Microcap & Penny Stocks : NRAG-NorAm Gaming-Winning The Battle

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To: David W. Tucker who wrote (323)12/16/1997 7:56:00 PM
From: ArtieM  Read Replies (3) of 441
 
I know nobody asked but I'd like to add my $.02 cents......

My take on BIGAIR today was that he was sick and tired of several posts continuing to dwell on OLD NEWS...especially when PC posted erroneous figures ie.450,000 shares added to float, and then complains that this is the reason for the decline in the stock price...I don't know how adding 7% more shares can reduce the value from its $.90+ high to $.39 more than a 55% drop...seem to me other factors are at hand here, like DECEMBER...ALL my penny stocks are down right now...coincidence or maybe they all increased their float, too...I have one company whose Financials are 100% better than NRAG and its trading at a dime...and they are reducing their float.

After reading all the pissing on Bobz(I stayed out of the fray too, Carl) I got the feeling alot of daytraders got in at $.60-$.70 and got burned on NRAG because it is not a day trading stock right now and so we need excuses why its so low...and little Johnny asked Santa for the GI Joe with the Kung Fu Grip and there ain't no profit today to buy it with...so we need someone or something to slam and no news to argue about so we dig up old irrelevant(today)news and use that for our excuse...

That old stuff has absolutely no bearing on where this company is today. Every small emerging company must pay for its initial growth and without cash must use some equity until revenues start. I like the idea of a JV or buyout as it can accelerate the growth of this company and finally sustain some kind of stock price stability...
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