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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: ftth who wrote (7267)11/20/1996 12:16:00 AM
From: paulbk   of 13351
 
Dave,

From what I've seen of the selling a market sell order will
get you 1/8 . My shares were held by PCFN and after sitting on a
limit of 3/8 for half a day I changed it to 1/4 and was filled
in about twenty minutes. That was friday and the trading range
seemed between 1/2 and an 1/8. My reason for selling was just
a belief that I could turn what was left of the original invest-
ment into something more than sexi will be worth after the dust
settles. I was suprised after I sold by the thought that if I
could get .25 might it not be worth more? After all, if you
had'nt heard of this stock and someone told you the sorted tale
you would'nt expect to see it selling for 25 cents. I don't know
anything about EYETEL other than its' in the same field as SEXI
and is not in trouble with the SEC and it was trading at .20 X .18
on the day I sold. There are other pennies I 've seen that seem
to have some promise and they don't trade at SEXI's price so
what gives? My point is that given what is known about the stock
and the trouble it seems to be in, not to mention the gathering
clouds of legal action, it really ought to be worth nothing.
Maybe I should feel lucky, maybe I will feel like someone
who sold a semi-valuable antique at a garage sale for 25 cents
but I just could'nt sit around passivly waiting for Qualude Lucy
to sober up and issue a statement. IMHO,

paulbk@earthlink.net
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