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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: TOPFUEL who wrote (857)1/25/1999 8:23:00 PM
From: Proletariat  Read Replies (2) of 1979
 
That $2.50 notion was with a little levity. I have said it many times in the last week or so... I bought 50,000 shares(a measly $12,000 looking for a quick pop, did almost no due diligence, saw the website story, liked what I saw and hoped for a quick double to .50. Hasn't happened yet, site is late and now a big land deal pending. The game changed for me TOP. Until somebody can throw water on this land deal (and you haven't with that last post, because even a net $27 million infusion is major for a company this small) it's got my attention. Besides, my 7th grade son thought the website was cool, invested $250, and got 1400 shares. (He's smarter than me, he got in at about .16. He asks me every day after school what it did. So far he's happy it's gone up 25%. I don't claim to know what MR. Market is going to do. I just like what I am hearing. I have another junkie stock that costs pennies because it is in bankruptcy. Quess what, the company won $7,000,000 in a law suit judgment the other day and the price per share rose in identical proportion. CASH IS A DIFFERENT KIND OF ASSET. The only thing standing between WOOD's share price today and a commensurate jump based on the cash infusion is that it HAS TO START COMING IN! That's why I want to have my position complete in WOOD before the first press release stating a sale has been consumated. It cracks me up when some have tried to downplay a cash infusion like this.
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