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Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV

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To: Bruno who wrote (632)12/1/1998 12:11:00 AM
From: Trumptown  Read Replies (1) of 1364
 
Info update compliments of Ian Fletcher:

"I first mentioned NUKE on 21/04/98 the bid/ask was .47/.53. My readers were advised in no uncertain terms about OTC BB stocks and the inherant dangers in trading them. The stock dipped then ran to 1.75 or so. On June 2nd the ill fated, I think, Mine-a-Max NR came out, on June 15th I recommended selling at the double with a bird in the hand comment this was because of the finacing delay. On June 30th the Stock Detective article came out and you know the rest.
The whole situation with NUKE is a diaster, management has not helped.
However before I wrote it up I did a fair bit of research and I know that some of my readers still own some shares and others have bought at these low levels, without any encouragement from me. I am therefore
uninclined to give it up. That is why I phoned Linda Duke to ask her
comments on the points that I brought up. I have also spoken recently to Mr. Parkinson and others.
At the moment I have no opinion on the stock or its potential. When I have finished my investigations I will write it up in the News Packet. If I see no positive changes coming up I will say so. I have no position in the stock at this time, that can change at any time.
Because the Stock Detective inquires have been brought up on this and
the SI thread I will make a post and comment on them, and only them, when I hear back from Linda Duke.
The News Packet has been going on a trial basis for eight months now and will continue on a trial basis until Christmas. It has been funded by me, I do not accept money from the companies that I write about. It is not necessarily an investing publication rather readers are encouraged to use mental trailing stop losses to protect capital and profits. We also try to have some fun, see below. If you wish to contact me my address is on my profile.
Happy Thanksgiving to all.
All the best Ian Fletcher
The Mariposa News Packet
MARIPOSA@islandnet.com
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