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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks
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To: jd2 who wrote (5284)10/24/1996 12:17:00 PM
From: Chuck Bragg   of 13351
 
All right, which one of you put in a market order for 8,000 shares and got stuck with paying $1.00. Limit orders folks. We are not dealing with an inefficient market. It's like going to the flea market and bartering with the vendors. If you don't bargain for a better price you'll get screwed.

I don't think the trading activity is that significant because this market really isn't available to everyone. If it were, I'm sure we would be trading well in excess of 1 million shares daily. I show 162,700 shares. That's about $125,000 worth of trading. I will maintain that the semi-halt still is in effect. Nonetheless, you have to admit that being at 7/8 sure beats 1/4. But until this stock trades again on a "real" market (well, maybe the OTCBB is a "semi-real" market), I'm not going to get too excited.

What I will get excited about is when this company emerges from their "blackout" period. They can't release a thing right now if they wanted to. I still think some of those rumors we've heard have some substance to them, and it should be interesting to see what Mr. Walther and crew can do in the next couple months. Make or break time boys.

Ballbuster, good to hear from you again pal. You're the best darn co-pilot I've ever seen.
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