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Strategies & Market Trends : 50% Gains Investing

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To: jgideon who wrote (359)12/21/1997 1:31:00 PM
From: ChartgodRead Replies (1) of 118717
 
Thank-you for the post and the link, and I stand corrected about (2) new investors, but here is a snippet from it:

The company currently plans to close the transactions on or shortly after Dec. 18, 1997. The consummation of the proposed transactions remains dependent on the company's ability to reach definitive agreements with the potential investors. As a result, there can be no assurance that any such transactions will be consummated.

In most cases, something like this would {and has been} very detrimental to an issue, but it didn't happen in this case.

I guess my next question to you would be, what is your personal opinion of the 25% increase in value, over the last 5 trading days when it is announced that your money is now worth 20% less?

I'm in at $1.25...

And you also said:

Of course, 5 mil is only a tiny blip in their
cash position.


Ain't it the truth...!! :) Was it an act of charity? <just kidding>
james
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