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Microcap & Penny Stocks : PNWC - Pacific Norwest Capital

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To: snorkel who wrote (156)3/20/1998 1:34:00 PM
From: Rob Lawrence  Read Replies (1) of 295
 
Did anyone learn their lesson yet? This "stock" is garbage. Let me try to figure out the logic:

1. The price falls from $1.00 + to .05 in about 2 months
2. Every "deal" the company has "falls through"
3. WNCR removes (without explanation) it's web site, which is a great way to attract additional investors
4. WNCR is impossible to get through to
5. WNCR is likely under investigation
6. WNCR management has fallen off the face of the earth

Now, a couple rumors start up (sound familiar), the stock price is manipulated (sound familiar), and all the small investors that got burned in the first place are sucked in again (sound familiar). Now I understand the logic. Maybe I'll buy in while it is low too! It can only go up..right?!
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