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Microcap & Penny Stocks : BLHG, Fast Track Growth in China

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To: Charger who wrote (1301)7/20/1998 10:05:00 PM
From: Michael Graham  Read Replies (1) of 4080
 
"I finally got impatient with another stock and sold only to have the stock double from where it was the very next day!!!!"

That has happened to me too many times. Maybe I should sell all my shares tomorrow so the rest of you can make a big profit when the price goes up on wednesday! :)

I think we have several factors here:

1. A press release that was optimistic to be point of being incorrect.

2. Delays in getting the audited financials (which would lend a certain degree of credibility to BLHG.

3. A new IR firm that has been kept in the dark about too many things and therefore has not been able to help the investors.

4. A company that thus far has not been responsive to its shareholders.

All of these problems can be resolved. The questions is, will they resolve them? Will they (BLHG) work to restore shareholder value? So far they haven't demonstrated a willingness to do this. Hopefully they will and things will turn around.

Mike

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