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Microcap & Penny Stocks : screening room

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To: Daniel Miller who wrote (150)5/12/1998 9:12:00 PM
From: musicguy  Read Replies (1) of 212
 
Nice work Daniel.. It'll be interesting to see whT she has to say when she calls back....

Don't be distressed that you sold your shares, if this one acts like many other small companies trying to gain credibility by reverse split, you should be able to get back in at a big discount...

One stock I was in did a reverse - 1-100 resulting in a 3.50 share price.. 2 days after the split it was trading at 1.50 ... If you really decide you want back in you should have an opportunity very soon..

For those watching CPX, their merger will NOT have the same results because the new company (LCE) will be a powerhouse made up of household names (Sony, Universal Studios) and will attract serious institutional buys... price should soar..

MG
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