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Microcap & Penny Stocks : EBLD - Entertainment Blvd

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To: Zeb Man who wrote (2214)5/7/1999 10:06:00 AM
From: Justin Curran  Read Replies (2) of 3838
 
<<Does anybody think that an institutional investor who gave EBLD $10 million for 2 million shares of stock and 1 million warrants (with a strike price of $7.50) expects the stock to stay under $5? I don't.>

Right but no one who bought AMZN at $221 or BCST $177 or any other overpriced bubble tuplip craze internet stock thought they could go down. Investors lose money and a pp at $5 is no guarntee that the stock will go up. I like this company and believe it has some real upside but nothing is guarnteed. I'm in at $5 and I won't be averaging down if it continues to fall.
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