Check out CICG, I received the following tip. Make your own decisions, but it is up a lot today.
Maestro
We have received many questions regarding the release of
> our January profile, and I would like to thank everyone for
> their interest. We strive to present our subscribers with
> the best stock picks, and we appreciate your patience. We
> are very enthusiastic about our scheduled January pick,
> however, the timing of an investment is just as important
> as the investment itself. For this reason our research team
> has moved our scheduled January profile to February. This
> provides us with the opportunity to introduce a new,
> however more speculative, January selection. We are eager
> to announce Continental Investment Corporation as our
> January profile (OTC:BBS CICG).
>
> Continental Investment Corporation has experienced several
> minor setbacks in past months. Although they experience
> strong revenue growth and are fundamentally solid, recent
> lawsuit fears have caused the investment community to
> virtually abandon CICG stock. Resultantly the stock price
> has plummeted, falling from a high of twenty-five dollars
> in 1997 to approximately a dollar to date. This company has
> growing revenue through its C&D Landfill and Fiber- Seal
> units, however this is not where the exciting opportunity
> presents itself.
>
> CICG is a substantial shareholder of Wastemaster
> Incorporated. (NASDAQ:WAST) We believe that WAST has been
> the interest of several acquisitions due to its aggressive
> growth and acquisitions. CICG, through common stock and
> options, owns or has rights to 135,000,000 shares of WAST,
> with a valuation of only $0.059 per share on CICG's books!
> With CICG's interest in WAST and current low price, CICG is
> the most obvious vehicle to gain control of WAST. CICG
> could effectively be sold off and control could be obtained
> much cheaper than then current $40-60M price-tag by
> purchasing WAST outright. Due to the heavy insider
> ownership, we believe this deal will work from the inside
> out, which will result in a stock price significantly
> greater than the current price.
>
> On January 20, 1999 CICG presented a press release
> disclosing a forced Chapter 11 bankruptcy. On this news the
> stock lost nearly 50% of its value only to recover the lost
> ground and end the day positive in one of CICG's heaviest
> days of trading! These events are very mysterious. We feel
> that key players are moving pieces into position and are
> possibly preparing to acquire CICG. Their move will be well
> rewarded due to CICG's limited debt ($500,000) and excess
> liquid assets (over $12,000,000 WAST common stock alone.)
>
> We are deliberately noting the more speculative nature of
> this stock due to the extremely tight float. In the past
> few weeks our research team monitored this stock as it
> traded from $0.25 to over $1.75 on less than 55,000 shares.
> We feel events are escalating and this is the appropriate
> time for movement. The excessive activity and volume, and
> questionable stock movement are indicating big moves by
> informed investors. We feel this stock will soar to
> substantially higher prices as acquisition rumors turn true
> and are released publicly. We believe there lies a
> tremendous opportunity in CICG shares, however we would
> like to reiterate that this is a speculative investment.
>
> For more information:
> Continental Investment Corporation
> 10254 Miller Road
> Dallas, TX 75238
> 214-691-1100
> fiberseal.com
>
> Investment in securities of relatively small and young
> companies possesses significant risk. We cannot emphasize
> enough the importance of only investing capital that can be
> lost. Every investor works for the same goal, which is to
> make educated decisions that will be financially beneficial
> in the future. Please be responsible and only invest
> capital that can be exposed to risk.
>
> Thank you,
> SOTM Staff |
