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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers

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To: Elio Madama who wrote (3359)2/18/1999 8:26:00 PM
From: Wayne J.  Read Replies (1) of 4624
 
I'm not sure which times zone this is from but on Canada Stock Watch
it showed a trade of 1,500,000 shares at 16:20 at .047 cents.

It also shows a trade of 150,000 shares at 15:30 at .048 cents--I'm quite confident that the 150,000 shares at .048 cents is my purchase today. ( However I have been wrong many times before!)

I bought today strictly on a hunch but the price under .05 cents I couldn't stand it anymore I had to jump in. JMO!

Elio, you wanted comments? My hunch is that many people are thinking that under a nickel it is just a matter of time until we see another price rebound-----I guess it comes down to how speculators are viewing what news ( if any) may be coming down the pike--if or whenever that may be.

At these prices I think it's a fun gamble--but that's just my point of view. I have followed JNNE for over a year now--I'm still betting that it has potential to grow a business that can add share value for the shareholders. Time Will Tell.

Another opinion--JNNE has enough mystery around it ( in my view) that it is a speculuative play that I plan to expect the unexpected.

Best Regards,

Wayne J.
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