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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: LTK007 who wrote (26166)6/17/1998 11:29:00 PM
From: Chris O'Keefe  Read Replies (3) of 34592
 
I have been following PRWT for several months and in my experience there was no opportunity to buy the stock for .001/share. The lowest ask price I saw was .004, but more realistically, you could have gotten a boatload of shares at .005 when it looked like the stock was on life support.

Keep in mind that Mayor's post said "up 1000%", which is a 10-bagger. I think you just read 1000% to mean "a thousand times."

Anyway, I have a question for the thread...

There is a little bit of breathtakingly positive speculation on the PRWT thread that the stock will go to $1.00 share (I presume before the year is out). All I want to know is if such an event would be unprecedented for a stock with a float of 165 million. ICVI went from .02 to 1.75 within a year but the float, I think, was around 9 million.

Just wanted to know how "impossible" PRWT's going to a buck would be.

--Chris
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