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Microcap & Penny Stocks : NVID International

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To: Cindy Powell who wrote (2641)7/28/1998 8:05:00 AM
From: Fred Stalls  Read Replies (1) of 3244
 
I requested my certificate on EZPH just so I would have something to remember it by, as well as remind me in the future of the potential hazards of investing.

I have not looked at NEOT in a while. About a year ago, I bought it at $5.00 strictly on the recommendation of RedHotStocks. @30 days- 45 days later I sold it at a little over $10.00. the stock got as high as $14.00 the same week.

Based on that success, I waited with anticipation for the next RedHotStock pick. On a friday afternoon, after the market closed, they came out with EZCL (which became EZPH). It had been trading around .75 to 1.00. I naively put in an order at market price, figuring it would open around $1.50 or so and I could ride the rise. It opened at $5.00, costing me more than twice what I wanted to put into it and closed that day at @$3.00, and steadily declined from there. And now they got Jerry after them. HHMMMMMMM, you dont suppose they share any management with NVID, do you? just a thought.
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