Tracker Corporation America (TRKR) Message Board

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Microcap & Penny Stocks : Tracker Corporation America (TRKR)

TRKR 0.0000300

0.0%

Mar 7 3:00 PM EST

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To: TED HART who wrote (220)	10/9/1998 6:09:00 PM
From: Jeff Grossman	Read Replies (2) of 1877

The mention of TRKR in SmallCap Investor News is not what moved the stock to 20 cents. That happened after Tracker announced they settled with the FTC. Your average microcap stock is down about 50% since the spring, so I think that explains some of the weakness in TRKR over the last couple of months. Doing some PR right now would probably be a waste of money. It might bring a little buying into the stock, but before long the price will fall back down. What will really drive the stock price is performance. If TRKR is successful, then the stock will be too. Once they release some current audited financial statements and some large contracts, I think the stock will make a nice move. If they announce a lot of good news and the stock stays below 10 cents, then I'd probably agree with you that some PR is needed. Bruce owns a large percentage of Tracker and he does want to do what's best for shareholders. The best thing for shareholders is to make Tracker a successful company. Spending money on promotion right now would only benefit short-term investors who would sell if the stock went to $0.15 or $0.20 or whatever. I want Bruce to stay focused on building the business, not promoting the stock. Even companies that are promoting themselves right now are seeing their stock prices fall. It's a rough market for small stocks. I think Bruce has been doing a good job. I just wish things would happen more rapidly. We just have to continue to be patient. Jeff

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