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Microcap & Penny Stocks : E-Prime Aerospace (EPEA)

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To: on parole who wrote (575)1/2/1999 1:00:00 AM
From: Richard  Read Replies (1) of 680
 
Realist,
If you want to invest without any real risk, I would be first to
tell you that penny stocks is not the place to be putting your
money. At certain times with "any" stock it is not a sure thing, and as example IBM a few years ago was down in the $40's, and today is
over $150 with a stock split in between, for a 8-9 fold gain.
I have been in EPEA for many a year and "yes" have had to wonder if
I should be staying in because of delays and slow movement in going
forward. But a couple years back I did a lot of work in getting a
better feel of EPEA, and the info did not point toward a con job
of a company, where the stock is pumped up, sold on highs and the
re-running of the cycle. A close look shows that the Davis'es have
the far majority of shares and have the most to loss in how they
are using their shares. In 1998 they both filed one 144 in Feb. and
one in May, and had 90 days to sell the 5,000,000 shares in each
case, and did not sell and more importantly have not filed again
to sell, which with 450,000,000 shares, if they felt that EPEA was
not going anywhere, it is only common sense that they start dumping
their shares to reap something, as to loss it all if they did't
believe better is to come.
Late events in TN that is on EPEA's Web Page and events in the
local paper and on TV only make me a stronger believer in EPEA.
Each person must make their own decision on how much "risk"
[gamble] they can tolerate, and "penny" stocks is not a place for
the weak of heart. If a penny stock investor is wrong, they more
than likely will have a total lost, but if you are right, they can gain far more than the 15-20% that the top investors could gain
over a 5-10 year period. EPEA Believer*Richard
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