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Microcap & Penny Stocks : ROLLING STOCKS

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To: Walter N. Schreiner who wrote (76)10/15/1996 6:19:00 AM
From: Salim Ilmudeen   of 233
 
Walter:

Sorry for the delay in answering your question. I'm really pressed for time now. I'll post you a detailed reply later. But, in the mean time look at NSCP chart for the last 4-6 months. I saw a downward trend from June and now it is changing a little bit.

Also, please read my post to Steve Dunlap regarding this. This is not a rolling stock; it is a "modified rolling" stock. I honestly think that how do we call them does not matter; this is basically a contrarian play using an highly volotile stock.

By the way, I bought more NSCP at 42 3/8 Monday. The reason, I saw it is moving up in high volume. Tuesday (10/15/96) is a big day for NSCP. If you want to play, monitor NSCP this week very carefully.

I'll write to you a very detailed note stating how I do this as soon as I have some time...until then....good bye.

more later....
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