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Microcap & Penny Stocks : USXX IS UP @.34 CENTS WITH 400,000 SHARES TODAY!!

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To: Ditchdigger who wrote (127)2/15/1998 9:40:00 AM
From: Ditchdigger   of 348
 
After all this out loud thinking over the past week(hope y'all didn't mind<g>).My conclusion is this,these Reg S deb and warrant holders,who made their deals on January 12, 1998, when the price of the stock was $.4375 hold the future stock price in their hands. They will have the ability to make or break the price over the next year.
They have already made an incredible profit in what will be a very short period of time. Heres an example using the deb. and a $100,000 investment. : you started with a $100,000 investment
Given-.90 price the day you can convert and sell. Due to your discount of 65% to the market your conversion price is $.585 or 170,940.17 shares. you sell at $.90=sell price $153,846.15 or a 45 day profit of $53,846.15 on 100k investment;53.8% the big question is will the convert and hold, or convert and sell DD (that's it for the day<vbg>) Interesting though,if they had just bought the stock,they could have made $105,000 or 105%
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