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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
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To: If only I'd held who wrote (77779)6/3/1999 2:55:00 PM
From: Frederick Langford  Read Replies (3) of 119973
 
FNCM
Munder NetNet fund bought a position and is still holding that position as per my call today.
Another brokerage gave it a buy with a target of 20.
With the current rise in rates, people are stepping all over themselves to refi or buy as shown in the home sales report.
Will any of this lead to a higher share price? who knows, but to label it a pump and dump is simply not accurate. This sell off is because of ELOAN delay and a crummy market.

Fred
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