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Microcap & Penny Stocks : Madera Int. (WOOD)
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To: Ditchdigger who wrote (2619)1/3/1999 4:28:00 PM
From: Metacomet  Read Replies (1) of 3693
 
May be a lot of shares out, but it looks like over a 100% turn on the outstanding shares in less than 2 weeks with a corresponding price increase by a factor of 6 or so.

Suggests substantial price support exists up to the current price. What is the problem with having any number of shares out if people keep paying more for them and the price is still less than book value?

That dog won't hunt. Try something else.
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