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Microcap & Penny Stocks : Consolidated Stainless, Inc (NASDAQ PIPE)

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To: Ken Reidy who wrote (54)3/10/1997 8:18:00 AM
From: Richard Mazzarella   of 108
 
Ken, thanks for the post, very interesting. Do you think that guy bought at 12? Adams said that the "long term" investor would not be disappointed. I don't claim to know if PIPE will be at $12 this year, but I do know that it will appreciate. Even this bitter guy sees $7-9, that's not much risk. The comments about management helping themselves also points out that the company was earning money. I don't like management that takes care of itself first, but since they are the majority shareholders maybe they though "who cares?". Well others do, and the decline in stock price should have taught the Adams a thing or two IMO. I have recommended this stock as a buy at $5 or less, I haven't changed my thinking. Feel free to post, or not post my comments on AOL, I just hope that bitter guy doesn't have a coronary. I appreciate you sharing the good, the bad, and the ugly, thank you.
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