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Microcap & Penny Stocks : TheBigHub.com (OTC:BHUB)
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To: Steve who wrote (125)1/11/1999 8:38:00 PM
From: Polartee  Read Replies (2) of 666
 
This news of becoming a fully reporting company builds their credibility. They also came clean on the share count. The number of shares outstanding has risen to 4.3 million from 2.7 million. The Stockinvestor newsletter said 2.7 million just a couple days ago. Now 2.7 is the float.

Despite my "caveat emptor" post, I took a small position today at 9.875. With the extra shares added the market cap is still only $43 million which is pretty small compared to other internet portals/ search engines. My 6-month target price is $100. But this assumes 1) that they do become a fully reporting company, 2) the whole internet sector doesn't crash, and 3) they stop the paid newsletter promotion racket which only loses them credibitity on Wall Street and 4) company does what they've already said they're gonna do...any slip-ups and investors will lose confidence and bail.
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