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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: Scott Picariello who wrote (73)11/7/1996 10:56:00 PM
From: Mr Grey   of 3693
 
Well as many of you may already know the ship has not made it to the Brazilian port yet. Something about a swollen Amazon river. The loading date now is hopefully Nov 7th.
Bob S. of the fledgling Newletter was invited to go to Brazil and video tape the loading of the ship. Bob is currently planning on going but he was just told that he can move into his new office next week so that may cause a conflict.

I don't see this stock doing anything in the up direction until January. Most likely there will be more selling in December as people take a tax write off. It is possible that the stock will move back up after the next shipment is loaded. It is real hard to say what will happen with this stock. As long as shipments are made then the stock will gradually move back up. But this may take as long as 6 months.
I have decided to hold as long as shipments are being made.

I have the feeling that some people are holding back info at times because they are afraid that it might cause a selling spree.
Well here's hopeing for the best.
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