IDMC Waste disposal or just garbage? Message Board

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Microcap & Penny Stocks : IDMC Waste disposal or just garbage?

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To: Bobby Yellin who wrote (504)	2/2/1998 11:26:00 PM
From: Death Sphincter	Read Replies (1) of 972

for what its worth i got a call from a good friend in the first week of September telling me about this stock. at the time it was about $5...it had made a run from under $1 in the summer. he has a college buddy worknig at a major brokerage that had told him that a "huge" deal was in the works with East Germany.."HUGE". at the time i said "yeah,yeah" and i din't buy any because of the run-up. of course it went to $6 right after that ....shortly thereafter i bought a few shares around $5 and sold at $8. the point of this is that the "rumor" of the big East German deal has been around a long time and many, many shares were bought months ago on this unpublished news...what we have here is "buy on the rumor, sell on the news" and who could blame those who bought at $1, $2 or $3? i bought my original position back today ..plus a little more...at $5. this contract ,IF IT PANS OUT does spell REVENUES...or is it garbage? i think it is ripe........ but then so can be garbage. good luck to all carl

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