HITSGALORE.COM (HITT) Message Board

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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: slaffe who wrote (773)	5/12/1999 4:18:00 PM
From: Janice Shell	Read Replies (1) of 7056

They made their offer of $100m in marketable securities for 4m shares simply because of the fact that if they were to have bought 4m shares on the open market that it would drive the price beyond $25. Surely you're joking. They cut a private deal with the company. In these cases, normally the acquirer gets a very nice discount to market price. But then the terms of this particular deal are not at all clear. It is my opinion that this stock was brought down by professional shorters/bashers, perhaps mm's, large money managers etc simply so that they could accumulate shares at a lower level. Yeah sure. I will not be responding to requests for additional info regarding the life trust as it was made clear to me that they wish to remain anonymous and I will respect that. And I wonder why it is that they wish to remain "anonymous". Ever followed Pluvia? He's good. Really good.

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