Classic Golf Corporation (CSGC) Message Board

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Microcap & Penny Stocks : Classic Golf Corporation (CSGC)

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To: DONAL DEMPSEY who wrote (241)	3/25/1998 12:04:00 AM
From: stockid	Read Replies (1) of 904

Well, here is the skinny. The tournament starts March 30. If the news is positive...the release has to be either tomorrow or the next day. To allow for stock price appreciation. Remember, insiders hold a lot of stock they want the value to go up also. If the release is not until Friday. The news cannot be to good. Especially, if it's at the close. Because it does not give investors the time to sell out. Makes them have the whole weekend to revaluate there selling stance. How do the Market Makers do this? Well, the open after a bad press release would be so low....that many would hold because they did not want to lose such a percentage on their investment. If it's not out by close Thursday.....I'm out.....Yes again. SK

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