DALECO RESOURCES ( DLOV ) Message Board

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Gold/Mining/Energy : DALECO RESOURCES ( DLOV )

DLOV 0.000200

0.0%

Aug 13 5:00 PM EST

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To: Antonios Petropoulos who wrote (92)	1/31/1998 1:01:00 AM
From: Ken W	Read Replies (1) of 197

Tony (If I may) Looks as though today's action answered that question for us. My understanding is that NASD requires the share price to be above 1.00 as of Feb. 23/ there must be over 500,000 shares in the public float with a value of over 1,000,000. DLOV meets the two last ones, all it needs is the buck. As you know, alot can happen between now and the 23rd. DLOV could go back to 3/32 x 1/8. Over the past year, this is the third time that the stock has done this. Generally 5/32 to 9/32 has been the trading range. 1/8 is always a one week play back to 3/16...7/32...on some volume you can make some money on this. You may have already. I still have my core shares and will admit I traded the stock today. I know I said I would not buy more, but jeez the volume at 1/8 was too much to resist. Ken W

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