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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc

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To: Condor who wrote (290)5/12/1999 12:30:00 AM
From: kbert  Read Replies (2) of 1296
 
So what ?
As soon as more buyers will show up, they will
return to what their valuation should be.
Who would not be happy to get 6 PLCO for a
price which is less than 1 PLCO.
This does not make sense.
If you think the common are going to go lower when PLCOP
converts , then why buy the common ?
I don't see any VALID reason not to buy PLCOP instead
of PLCO til PLCOP is ? 6xPLCO
The argument of buying the common to support the preferred
does not make sense.
Tell me why I should buy PLCO whereas I can get 6 of these
for a lower price ?
You will have to get up early to give a good explanation
I think that the main reason is that:
long term holders have enough PLCOP,
others did not know about these.
At least till today!!!
I am convinced that they will climb quick to where they
should be : ($1 23/32) * 6 ~ $10 !!!
And the warrants PLCOW should go to ~ $5 ( 10 - $5 )
Tell me if I am wrong
or are you just looking for cheap PLCOP ?
LOL
I even expect PLCO to go much higher when they
announce the new web site.
:)
Go PLCO
:)
Archie
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