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Microcap & Penny Stocks : Classic Golf Corporation (CSGC)

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To: RioDWT who wrote (349)3/28/1998 10:15:00 PM
From: Alex Sharp  Read Replies (1) of 904
 
Look at forecast again...showers all day. Looks like course will be wet. Will sell Monday morning. I don't think Nicklaus cares if the tribute is played or not because he can always hold the opening of his course another week. What difference is another few weeks?

Let's look at the facts. Maybe the Classic pulled it together and got 6 pairs but at a struggle with few sponsors. I would thought he could have gotten better players given the circumstances. But what happens next. Remember how slow they were with news, what can we expect between now and September. Not much. My guess is that this stock will drop quickly sometime Monday and nothing will be there to prop it up except for the owners buying back stock for whatever reason.

I believe that management has been holding back management all along just to make a few bucks off us suckers. I heard a rumor that golf isn't everything that the Classic is supporting. And when I called the Canada office a few weeks ago, it answered, "Sportsline and Classic Golf." This does not give me a warm and fuzzy. Sorry folks.

But I had another stock like this one about a year ago and I had all the signs of a poor investment in my hand and failed to follow through. Well this time, I think I have the same type of information in my hand.
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