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Microcap & Penny Stocks : NYRR,What is going on?

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To: Andrew who wrote (3808)5/7/1999 12:06:00 PM
From: Wayne J.  Read Replies (2) of 4304
 
Andrew,

There is no significance regarding the 80 Million Share scenario -other then back on Dec.5, 1998---Dwayne and myself were having some speculating/guessing fun in addressing some price point scenario's for 1999! ( It was the New Years prediction time! )

At that time I was of the opinion that to see some significant share price appreciation by the end of March 1999 that a number of scenario's would be required to take place regarding NYRR!

One of my opinions was that 80 Million shares would seem ( to me ) a bench mark when we might see some increased activity!--I felt some significant volume had to churn through --I doubt that many agree--but that's just my opinion!

If you go back and read that post ( I posted it somewhere around Dec.5?) you will note that The 80 Million shares traded since Dec. 5
did not take place until the later part of this week!

So! I missed the prediction mark!

As many are aware the non-reporting status does not leave much room for factual updates--however lately we have had two news releases--and this is only a guess but the acquisition of the trucking company may have caught many shareholders by surprise-at least it did for me!

I'm running on here--however the recent significant increase in investor/speculator interest to me appears encouraging!

In closing the 80 Million shares have come and gone---now let's see how the future unfolds!

Best Regards,

Wayne J.
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