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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: lazarre who wrote (1818)7/2/1998 11:17:00 AM
From: Mr. Sparky  Read Replies (5) of 7039
 
There is no way that a "real" company would reverse into this MIDL with all the known and unknown skeletons in closets. That will never happen. I have never been long this stock, so I am looking at this as an unbiased observer. Fischer took the money and left, and he and the money are gone. Not one red cent will ever be recovered. It appears from what I have read that there will be some brokerage firms in trouble over the deal also. If you own stock and can trade out of it, you should, and never look back. And if you sold stock that had any possibility of being tainted in any way, you should take all assets out of the brokerage firm that you sold through, immediately.
JMHO
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