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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks
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To: Ga Bard who wrote (4142)1/27/1998 7:41:00 PM
From: Dave Shares  Read Replies (1) of 8835
 
Any NASDAQ listed stock under $1 is going to be a risk at this point. The listing rules will soon force these companies to reverse split to get their price where they can still be listed, or they will be sent down to the OTCBB, and when that happens, the stock usually will tank initially, because investors will run. However, I have also seen companies that have rebounded on the OTCBB after they have tanked. Nevertheless, anyone investing in a NASDAQ stock under $1 should be VERY careful at this point.

David
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