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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: makin_dough99 who wrote (2072)5/10/1999 9:09:00 PM
From: Baton  Read Replies (2) of 4766
 
Rande: I guess I am slow or something as I just have a real hard time with this concept. Buy a share of PLCO for $1.50 or buy a share of PLCOP for .75 and get 6 shares of PLCO ?!? That old axiom my daddy said of "if it looks too good to be true...". However, stranger things have happened. I have owned some PLCO for a month on the anticipation of the website opening. If I understand this right I buy 2K of PLCOP in the AM, website opens in a week or so, price goes up to $4, I sell half of my PLCO (1K), have 1K free shares, wait till December (or thereabouts), stock price is at least $5, I now convert my PLCOP to PLCO common, have 12,000 shares plus my 1K of original investment worth $65,000. Looks like the boys will have a nice Christmas. Is this a clear picture or am I dreaming?
Baton
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