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Microcap & Penny Stocks : NETZ - gets deal with DEC! future 100 bagger?

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To: DGMAC who wrote (1460)12/19/1997 1:33:00 PM
From: Michael Harb  Read Replies (4) of 1702
 
DGMAC. I think your implications of insider selling are irresponsible at best. (Unless of course, you have any proof).

Why has this stock dropped like a rock recently. Maybe because it rose rapidly to .60 a few weeks ago. Daytraders have been all over it. Many who had a profit have taken their profits and left. Many others who are down significantly, I suspect, have taken losses for tax purposes. Also many may have been "spooked" by the recent NASD news.

Things look fine to me. Penny stocks are inherently volatile. I have level II. I have seen plenty of large block buys as well during the past few days.

I seriously don't think insiders are dumping shares. They are getting contracts and seem to have a lot of irons in the fire. Most that have seen the product are impressed. A big exec from BMW seems impressed enough to come on board. There seems to be a lot to be optomistic about. I doesn't make sense to me that insiders would want to sell at these prices.

And for all that think this is some sort of scam. Give me a break already.

mike (CPA CPIM)
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