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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we?

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To: Goinlong who wrote (2073)12/12/1998 9:08:00 AM
From: ColleenB  Read Replies (1) of 3171
 
Where our butts were saved was the fact that we had such a small float to begin with.... from the initial information gathered... we were 2M shares in the float.. and now we are about 5 times this number... this is an incredible jump in number but still a VERY manageable amount.

CEO's of small companies are targeted by people willing to finance them the money they need to stay in business. In desperate need of financing, they unwittingly make the deal, even small cap's are suckered by these characters. Even if you've invested in a company with a savvy CEO, one who's been around the block a few times, he still might get suckered... check this out...

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