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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY -- Ignore unavailable to you. Want to Upgrade?


To: Ronald P. Margraf Sr. who wrote (2723)6/17/1999 9:05:00 AM
From: Jorjenzak  Read Replies (1) | Respond to of 2909
 
Thanks Ron. I understand about the liquidity thing. I first thought that the very reason Tom wanted to buy up the stock was to dry up the float and put a squeeze on the stock to drive up the price. He has every reason to want to get up to $3 to get more shares at .30, but it has to stay up there for 20 consecutive days or more for the option to be effective I think.

I do not believe the share purchase will be sufficient to drive the stock up that high for that long. He may just be trying to break us out to the next level so the fundamentals can take back over. Something has to break us out of this low price level and up to an accurate price for this stock, which I think we all agree is vastly undervalued at this point.

Really appreciate your insights!

GO BETT!!!