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Microcap & Penny Stocks : NYRR,What is going on?

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To: Dwayne Hines who wrote (3572)1/3/1999 7:55:00 PM
From: Wayne J.  Read Replies (1) of 4304
 
Dwayne,

Well, it appears that only two posters decided to make some speculative predictions regarding NYRR for 1999. I still think your idea was a good one--it could have added a little more dynamics to this thread--but anyway--we did make our price predictions for the end of the first quarter as well as year end --with qualifiers and our opinions as to why we felt what we felt.

Let's keep in mind that if the situation changes surrounding NYRR for the bettor or otherwise then we always do have the option to revise our speculative predictions.

As you recall I predicted the share price reaching at least .44 cents by March 30, 1999 --however my qualifier to that was that certain things had to be achieved by the company ( and announced) and a certain amount of shares would need to be traded.

I am still sticking to my initial speculative prediction that we can see NYRR reach the .44 cent range by March 30, 1999--but I will want to see some solid trading volume and certainly much stronger then we have recently seen.

Just for a quick speculative update--since Dwayne and I made our predictions the share price of NYRR has actually gone lower. I think some of us were anticipating news in December--so to me not a complete surprise that we got a softer share price!

I still would like to see trading volume totalling 80 millions shares by March 30, 1999----starting December 5th., 1998.

Thus far after 18 Trading Days a total of 5,980,200 NYRR Shares have traded so quite aways to go yet for me! The daily trading average thus far since December 5th. on NYRR is 332,233 shares traded per day---if this daily trading average continues in this way I won't even be close in my 80 Million Shares traded wish.

As time passes I plan to post a few updates--I realize it most likely has little or no significance in the whole NYRR Scenario--but if nothing else it will be interesting for me to see how close I come to my Share Traded Speculation Prediction and Share Price Prediction by March 30, 1999.--Also Dwayne's NYRR predictions.

Any/all comments by myself on this posting are 100% speculative opinions and guesswork!

Best Regards,

Wayne J.
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