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Microcap & Penny Stocks : NAAC - National Affiliated Corp. $1 and Moving to $10

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To: Sam Matz who wrote (1364)11/18/1998 9:55:00 PM
From: daaan  Read Replies (1) of 1587
 
Lets stay in focus, Monday's meeting was to determine if there should even be a bankruptcy hearing. Even if the judge determines that the hearing should go forward it doesn't mean we lost.

I do not like to be optimistic; it plays with the mind. But I do agree with GlenRP that it is more than a coincidence that the judge wants to let the outcome of the debenture activity and what information surfaces play a role in his own decision making.

In the mean while, multiply the number of shares traded times the share price and you will see that not much commerce has gone on.

Personally, I have one more IRA to average down on before the next meeting. The only question for me is will I buy at .18 or .12 per share.

Best, daaan
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