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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: Ga Bard who wrote (5346)3/13/1998 9:09:00 AM
From: Rande Is  Read Replies (4) of 8835
 
Excellent discussion on FAMH, guys. GaBard, your foresight RE: disguised reverse and merger setting FAMH up for legal shorting, based on FAMH's history of pull-back, is very impressive. Evidently the gap between OTC stocks and healthy 10 dollar and up stocks is more like a chasm.

Gary,
It seems more and more companies are planning the reverse, to send them over the 4 dollar mark. They hope that momentum or news will push them over 5 bucks where they can be bought up by the 'big dogs.'
But instead they are met with lip-smackin' legal shorters hoping to send them right back to OTC-ville.

Question: How did the few companies that 'made it' accomplish this?
And of the companies that we presently follow, do you honestly think any of them have a snowballs chance in hades of ever seeing the safe haven of >10 dollars?

Rande Is

PS> You don't have to answer this AM, but I would be quite interested in hearing your views.
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