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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)

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To: eric deaver who wrote (999)5/7/1998 11:25:00 AM
From: Mike Moran  Read Replies (2) of 2911
 
eric...

<< Heck, you are contending that all 11-12MM shares are held by these people who are anxious to vote for a take over just to cash out but will hold through those levels on rumor and speculation of a Mon. gap up. >>

I don't contend the above at all. I do contend that the majority of the holders of those shares, and there are over 14 million shares that fall in that category, are held by persons who TODAY would take $.75.

I've been pretty good about defining these shareholders:

1) people who bought stock for over 5 months at prices from $.125 to $.375

2) people who bought stock at prices greater than $2.00 and have been boxed due to poor liquidity and stock prices

eric.... people are people. They are motivated by profit as well as their own anxieties. My Jersey broker friend, who has a lot of his people in the stock at higher prices, believes that once the rumor becomes a real story, almost all of the so called 14 million available shares are going to be made available.

You may not use a broker for your trades. Therefore, you are in control of your own fortunes. This is not the case for a lot of these people.
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