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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)

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To: boydude who wrote (2539)3/27/1999 1:58:00 AM
From: Mike Moran  Read Replies (1) of 2911
 
Commonwealth wrestled with one of the private placements the company did in 1996 or 1997. That means they're in the stock at high prices, maybe north of $2.00. If Denwins is correct and their exit is at $.50, the market will have to eat through a lot of shares. This rumor may also dash a rumor I had heard that Commonwealth was going to do a new financing.
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