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Microcap & Penny Stocks : Buying opportunity - Market maker out of business

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To: Master (Hijacked) who wrote (15)	1/10/1998 3:48:00 PM
From: Colin Cody	Read Replies (1) of 472

WARNING. I have some experience with this outfit, Monrow Parker. I TRIED to get placed with an IPO a year ago. They didn't want me as a client. . My research indicated IN MY OPINION ONLY that they had stocks that were CLOSED to legit investors, they parceled stocks out to select few individuals and they PUMPED the stocks to force them to POP on the open. I followed many of their IPOs at the open and they often-times would be priced at $5 but would end the first day at $10. . WHY? IMO, becuase they forced the stock on people to buy, and they'd likely not "let" their customers sell. All buyers and only a few sellers makes a stock pop. . Their stocks were WAY overvalued. They were high because no one was "allowed" to sell, IMO. . So be careful. Seems y'all picked out a FEW possible profitable Companies. These are the only ones to get into. The rest are possibly still overvalued. . BTW, Fran Dresser's (The Nanny) brother was a "chief honcho" at MP. But this goy couldn't convince that Noo Yawkour to let go of some of the IPO stock. (g) . Colin

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