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Microcap & Penny Stocks : SHAL

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To: Jules who wrote (2)1/25/1999 3:04:00 PM
From: Phil Cressman  Read Replies (1) of 70
 
The raging bull site has a few comments under messages.

I started looking about one hour ago for details on this company and since they are non-reporting it is somewhat difficult.

Looks like 10m shares outstanding with a float of 1.2 to 2m.

Insider sales mid 1998 are a little odd since most are from "investment advisers" whatever that means. I want to be sure that this stock is not being pumped up by investment advisors who are paid off with shares & options!

The business format seems good and if the spin off companies can make it over a year (since I expect that the share dividends are going to be restricted from trading for up to one year) then the stock may well be worth it's trading range of $3 -$4.50.

Raging bull real time quotes will produce a chart and it looks like the stock has been relatively stable over the past year.

Might be a good bet over the next six months or so!
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