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Microcap & Penny Stocks : A Wall Street West Newswire Discussion Board

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To: Charles Kalb who wrote (209)9/6/1998 3:17:00 PM
From: Beermeister  Read Replies (1) of 456
 
Thanks for the welcome Charles. I don't know who to trust and who not to trust on this board. But I will try to answer your questions. Generally, as far as "mines" ready to crash, you are right a couple of stocks have crashed. Remember KANA initially trippled in value. We made a mistake reissuing a buy on it obviously. Everyone always seems to remember the last bad stock rather than moving forward. STRUD was also a big mistake, though we think that when the smoke clears we will be alright on this one. Struthers cut a deal with a bad IR firm that sold shares it should not have. The company told us they will either cancel the certs or buy a new shell. So we think things are in transition right now. Yes, while the stock may not be liquid now, we think it will be ok. A problem happened and the company is trying to resolve it. The potential for the company is huge. Stay tuned.

What about the winning picks? No one ever comments on those. By the way I guess I am supposed to remind everyone that I receive compensation from most of the companies. Please see the disclaimer at wallstreetwest.com. I guess there is no hurt continuing discussions as long as it is civil. But as soon as people start getting hostile I am "outa here." Try to remember that BB stocks are highly risky, as 75% of the companies fail in five years. Our theory is that during that five year duration there are likely to be many "spikes" in price due to news and so forth. That is what we are trying to participate in. I think this message often gets lost.
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