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Microcap & Penny Stocks : IELSF-Flight to Fortune Or?
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To: Intrepid1 who wrote (303)7/23/1998 8:43:00 AM
From: hcm1943  Read Replies (1) of 520
 
You might think that 5 to 35 thousand is a large position, in this day and age it truly is not, especially in a 2 dollar stock . Also the orders may originate from one broker representing several clients. I really dont know the correct answer but I would pose a question.. Why would a sophisticated buyer, one who bot in a private placement, at near $3 be willing to sell at 2?.
There is uncertainty in IEL now but not as much as before we "went up for revs".
IMO the company now must take the inititive and give investors the info to to make a decision... What was the average take on the 47 legs?...When do we sign the next airline?....How close are we to other airlines?....Will Montgomery Sec return the $50,000 we paid them as IMO they have done nothing to earn it?...Will Gellers buddies at Goldman Sucks and Montgomery get involved as he said they would?....?????????????????
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