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Microcap & Penny Stocks : Classic Golf Corporation (CSGC)

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To: HARDONE who wrote (352)3/28/1998 2:21:00 AM
From: Larry Brubaker   of 904
 
HARDONE: What kind of crap is that? I buy stocks to make money, not to "support" the company. I sold on Wednesday because we weren't getting much of a runup prior to the tournament. The lack of a runup was telling me we weren't getting an Arnie nor big sponsors.

When the news did come out, it was quite underwhelming, IMO. No new big name players, and one very unimpressive sponsor. And the TV coverage kind of sounds like an infomercial, but it is better than nothing.

Maybe someday this stock will be a big winner. But it has a long way to go to become one, and if it does, there will be other opportunities to buy it.

Chastizing people for daring to sell an extremely speculative stock shows you know little about the penny stock game. For your sake, I hope you learn quickly.

On the other hand, the runup prior to the close left the technicals on this stock looking halfway decent. Maybe there is some good news out there. Or maybe the MM's did a little tape painting to sucker some people into buying shares in the high 20's that they will end up repurchasing from you in single digits. We'll see.
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