Tracer Petroleum (TCXXF) Message Board

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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Knights Bridge who wrote (565)	4/6/1998 10:19:00 AM
From: Jim Daly	Read Replies (1) of 1261

At $2.50/share Tracer will garner no more attention from the institutional and investment sector than it will at .25. Institutional Investors don't buy stocks valued less than $5.00. A lot of individual investors won't but it if it's not marginable. A 1 for 10 split won't do the job. Maybe a 1 for 20 would but I don't think that Tracer will hold the required 30 days at that level without a lot of good news. No, consolidation doesn't make sense. Finding oil (or gas) does!

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