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Microcap & Penny Stocks : MKII
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To: Elio Madama who wrote (122)1/1/1999 10:42:00 PM
From: Lou Farrell  Read Replies (2) of 834
 
Elio, a little recent MKII history for you:

I got a pump and dump email about MKII on 10/19/98. It must have been persuasive, cause the stock went from .37 to .70 in two days. Quite a pop for an unknown stock. Now that you tell me about the two large shareholders wanting to dump, I begin to wonder if they paid for this pump and dump.

I missed most of that rise, but bought back in at .14 thinking the same thing would happen again since it worked so well. Didnt happen, and I sold at .09. Bought back in at .04, cause I still think the company is healthy. I think the stock will have to go up cause there cant be any sellers left.

Here's a cut and paste of the original email:

<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
FROM: stockmarketupdate101998@sprint.com

Saturday, October 17, 1998 3:37 PM

Re: URGENT BUY ALERT!

Company: Mark I Industries
Symbol: M K I I (mkii)
Price: 3/8 ($.375/share)

M K I I has announced an affiliation with one of
their subsidiaries and AT&T. Management projects
a $100 million revenue goal at their current rate
of growth with "the company's stock to trade in
the $4 range".

M K I I is rated an immediate and "STRONG BUY".
For more information on M K I I go to:
quote.yahoo.com
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Regards

Lou
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