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Microcap & Penny Stocks : Gator's Picks from the Swamp

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To: Gator who wrote (370)5/17/1999 10:13:00 AM
From: Gator  Read Replies (1) of 616
 
Adjusting our Swamp "Million Dollar" portfolio.

Taking some profits in IGHS, selling 2000 at $2 3/8
Using proceeds (+ $292 left in cash), to buy:
4000 EISQ at $0.75.
700 PAPO at $2.24.

Portfolio is now:
2000 IGHS (at $2 1/4 bid): $4,500
4000 EISQ (at $0.72) : $2,880
7500 CRNC (at $0.50) : $3,750
700 PAPO (at $1 1/16): $744
Remaining Cash: $425
Total: $12,300 (started with $10,000).

IGHS is more than free-riding right now, holding to see what pans out with the short squeeze. Could be reaching past $3 or $4 shortly.
EISQ - expecting a major deal with Saudi Arabia to be announced soon (press releases have hinted that something is up).
CRNC - Frontline is just around the corner.
PAPO - Rumored to be acquiring WorldLink. Not much float to speak of, so any kind of buying will send the stock off.

Gator
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