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Microcap & Penny Stocks : EDII

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To: GC who wrote (1235)6/16/1998 11:42:00 AM
From: Ken M.  Read Replies (1) of 2849
 
One more time-company aquires NorthEastern Plastics for restricted shares, goes up to 80 cents a share.
company aquires land, which is a positive asset, but a very small part of EDII, and the stock does a nosedive??????
AAH does this sound right?
Let's put this in prospective, aquiring some royality producing land, which when put next to all the other assets of EDII don't even rate 10% of the company, does not equal a 20 cent a share stock drop.
Lord help us if EDII aquires a 5% interest in a Raspa stand(for those who don't know, its a snowcone stand).
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