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Microcap & Penny Stocks : Classic Golf Corporation (CSGC)
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To: Gennaro who wrote (236)3/24/1998 7:26:00 PM
From: Bill on the Hill  Read Replies (1) of 904
 
My first post so look out!!! I am long on CSGC. I bought at .34 and averaged down at .28 and swore to hold until at least after the first "TOURNAMENT". All along this outfit has been tight with news releases. They are not showing their cards until they are dealt. Look at the name of our Company; CLASSIC GOLF CORPORATION, with Jack Nicklaus, Gary Player and Sam Snead. Question? Are those three classics? Can they draw big dollars? Nicklaus opened a course here in my town in Western Colorado last year and when he put on a walk through for the company to draw land buyers over 300 people with cash in hand to purchase high end (250k) building sites showed up so they could rub shoulders with "The Man". If I were looking for sponsors I would invite the sponsors to a small show and then pump'em for all I could. I really hope this is what they are doing. Problem is this is a penny stock and no-one, I repeat no-one trusts a penny stock. Management has tried to keep this out of the hands of the MM's and has done a good job of that. I wish more news would have been released for my own comfort level but I ain't runnin this gig.
I have sold down to my comfort level so I can ride it out and, I SWEAR
THAT I WILL RELAX AND QUIT WORRYING ABOUT IT. I do need to remember that I bought the shares and that no-one was standing in front of me forcing me to buy. I have to make sure that DD is done prior to calling my broker, and then once the dye is cast move on or get out of the game. But I must admit, I have had a fun ride!!!
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