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Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV

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To: Chuck Rubin who wrote (471)6/23/1998 1:46:00 PM
From: xbrent   of 1364
 
I have watched a few stocks criticized by the Stock Det or like organization. You could do the same thing to many or maybe even most BB stocks. Sometimes they are right and the stock in question is especially suspect, like a shell or bankrupt company. Rhombic is a viable enterprise with potential. They do have a contract with Daimler etc. I am so skeptical of motives anymore, who knows who anybody is. You know that there is a very heavy short position in NUKE and those folks have to be squirming on what to do. I have seen stocks trashed by Stock Det and then rebound as if nothing happened in a few days.
In a few days we will see how this plays out. My hypothesis is that by the end of the week this sell off will be history. Supposedly there are many buyers of NUKE at under $1. We will find out how many shortly.
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