Buying opportunity - Market maker out of business Message Board

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Microcap & Penny Stocks : Buying opportunity - Market maker out of business

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To: Mike J who wrote (413)	4/2/1998 10:44:00 AM
From: Master (Hijacked)	Read Replies (1) of 472

MNYC float is 500K according to Yahoo- but it could be much smaller. I was looking at some of MNYC's SEC docs and it looks like the principals own nearly ALL of the outstanding. Looks like Duke the MM dumped about 100K when they went bust. Shouldn't take much of a rally to make this one a winner- hell, its a marginally profitable, revenue generating, NASDAQ-listed technology stock- a real company with 50 employees, growing through acquistion and trading at half book value. Either I'm missing something really big or this is just $3 just sitting there on the table waiting for someone to grab it as MYNC goes right to $6! The announcement yesterday shows MNYC management is serious about raising the stock price to former levels, and that all is going well businesswise.

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