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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Stuart Cole who wrote ()5/26/1999 12:49:00 AM
From: Ga Bard  Read Replies (1) of 108040
 
Now maybe I am being a MORON but you want to tell me how in the world can they get to NASDAQ at twenty cents!!!! They have to hold $5.00 for 20 trading days or rather 30 full days.

That is one of the most hyped stock of the OTC not to mention ... it has been run more times than marathon miles ... when 38M trade and it goes to .38 from .07 and falls on it's butt I guess it could qualify for NASDAQ but they do not even have filings nor anything I see to meet the requirements.

Like I said maybe I am a moron but they apparently need to Reverse split it at the top to get the price and who knows what else.

Look at the chart and tell me you do not see this was nothing more than a 2M front load ... 10M second day run and the third day of 14M and it hit .38 and then 9M then 2M yesterday and it is falling. It even closed on a down tick.

Looks like a P & D to me.

:-)

GB


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