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Microcap & Penny Stocks : nhmcf

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To: Mark A. Yurko who wrote (89)1/6/1997 6:13:00 PM
From: kathy jo card   of 702
 
You are right, things other then financials move the price of a stock up. BUT if the company can not produce, distribute, and market that product the price will eventually GO DOWN. Short term traders can make alot of money watching volume levels, getting in lower and selling to new people who buy at higher, and perhaps inflated, stock prices. I do not see where (from the 10Q's) the money is coming from for NHMCF to do all it needs to do to become a successful company. Most small-caps fail within 3 - 5 years. NHMCF is what, 1 1/2 years old? I hope it succeeds. As I have said before, I have had ties to the medical profession. I think I could be a good product, but successful companies are more then Ideas. Remember Presstek? $ 0-200 within what, 1 1/2 years and then CRASH. Great idea.....kathy
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