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Microcap & Penny Stocks : NuTek, Oil Company, currently at 1

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To: Michael Burt who wrote (48)12/17/1996 11:46:00 PM
From: Rick Meyer   of 95
 
Hi Michael - I was wondering if you placed any faith in the hunch I had the other day that there was news coming out. I of course did not do anything, and the stock has actually moved quite a bit.

Anyways, a good friend of my trades for a living, and he spoke to an individual that trades Nutek. The second hand info was that the news is very positive, and that this company has real potential. The stock is being raided by notorious short sellers that have been hammering Nutek since I have been following it. (I have heard exactly the same stories from the Roger Garity and Britt Brooks, the CEO and CFO respectively, and these sources are completely independant of one another).

I actually interpret the short sellers as positive information because it creates artificial lows. This allows good buying opportunities. And if everything that we have been hearing about this company is real - the stock will really pop once the company starts to show that they are on the right path. Increased stock visibility, proven results, a terrific company strategy, and a short squeeze are an attractive combination for shareholders.

The stock has been holding for the past couple of days since its run up. I am anticipating that the short sellers will allow us one more good buying opportunity, but if I could predict these things, I wouldn't be here. Looking for the input of others, I am sure you guys are getting sick of hearing me talk to myself if there is anybody else out there.

Happy Holidays - Rick Meyer

PS I STARTED ANOTHER STRING ON THIS COMPANY BEFORE ANOTHER PARTY CAME ALONG AND STARTED THIS ONE - I strongly urge all followers of Nutek to keep all of the traffic HERE. Because of the short supply of information, I believe that we will all benefit from a consoladation. If you would like to look at the "old" string, just run a search under the ticker symbol: "NUTK" (no "E") see ya
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