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Microcap & Penny Stocks : Viking Resources (VIKG)

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To: muleskinner who wrote (577)6/23/1998 3:33:00 PM
From: Barkley  Read Replies (2) of 738
 
I am not sure how much of a long shot this stock is at .45. I will say it has been down to .20 and even .8, but back then they had nothing, now they supposedly have land and some other possible assets. The only reason I say "possible" is because the only verification we have is the company's word, which is suspect at this point.

I would say that if in the next week or so, after Kuhr's supposed trip to Europe, if there is still no news that this stock could possibly hit the .30's, but if their book value is at $1.00 like they claimed in their telecon, then now is indeed a great buying opportunity.

If you would like to hear the positive side of things (or have sweet nothings whispered in your ears without proof), you might want to visit the AOL thread. There are several paid promoters on that thread.

On the negative side of things, the rumblings about a class action suit seem to be growing, so you could be apart of that if it happens. That might be exciting.

All in all... stay long, buy more if you want to roll the dice... I did.

Barkley
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