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Microcap & Penny Stocks : nhmcf

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To: Mike Heimbuch who wrote (437)1/27/1998 7:57:00 AM
From: MoneyPenny   of 702
 
thank you for your input. The most distressing thing about your remarks is the lack of disclosure regarding these hype firms: Kostech and FSS. They are compensated by the company in shares. All you have to do is glance at the two year chart to see the dates of the "recommendations". Perhaps in this case, a large investor hired the FSS to perhaps unload a previous position. Wouldn't a company be able to sue in this case? Why would they do nothing or say nothing? Whatever has happened, it has put this small company in a terrible bind. I'm long a small position in this stock as a reminder that I bought without doing a lot of research. There is no way I would purchase anymore. I am in at a average of 3.75 and see a one year target of 4 1/2. Hope I'm wrong and it goes to 6.
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