Madera International - Symbol WOOD Message Board

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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: Sequoia Holdings who wrote (1121)	2/5/1999 3:54:00 PM
From: NJ's NoreCat	Read Replies (1) of 1979

If I am not mistaken, wasn't there talk of Madera selling land a few years ago that was never more than a pipedream? I am not saying that is the case now, but perhaps there are those that want to hold and wait before committing themselves (The story of the boy who cried wolf?). In any case, the volume has dropped way down, which to me indicates a lot of holding going on, day traders drying up, and the impatient type panicking at the loss of .01-.02 so they are selling. As with BICO, everybody here may know its a dead horse, but go check out the AOL boards sometime and see how that gets hyped. Plus BICO was once a $20+ stock and on the NASDAQ, so it is also a better known company than Madera. Once Madera finishes the web site, announces good earnings and completes the land deal, with some good press releases you will see volume on Madera way up again. Chuck

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