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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Jim Fisher who wrote (31)10/16/1996 7:38:00 PM
From: Ed Newman   of 341
 
I am not one who bought high and got stung. I bought at 13/16 after it seemed that management was going to turn things around and not go bankrupt. I bought more at 1/2. It is a "risky" investment, but if you believe company can stay solvent and begin to show a profit, it has to be worth more than a dollar. Don't put your life savings on the line... It is speculative from where I sit, but could be rewarding.
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