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Microcap & Penny Stocks : Consoldated Capital Of North America (CDNO) -- Ignore unavailable to you. Want to Upgrade?


To: InOverMyHead who wrote (670)8/3/1999 6:07:00 PM
From: Alan Garland Brown  Respond to of 1078
 
To All,
There are some VERY!!practicle reason's for some of todays action
on RB by Pettycash.A SHOULD see!!!!!!


BIG Al



To: InOverMyHead who wrote (670)8/3/1999 8:12:00 PM
From: Jim B  Respond to of 1078
 
me too... i think we can rule out the rumor of the guy buying 25million shars.. either that or he was on break today..

but many investors dont make they gains over night.. they make them over days or weeks or months... so maybe we're judging this one too harshly based on one day's trading..

if it can hit .095 once.. it can do it twice one would think

jim



To: InOverMyHead who wrote (670)8/3/1999 8:39:00 PM
From: j g cordes  Read Replies (1) | Respond to of 1078
 
Someone on RB made a comment that the bond underwriting could be best insured through the buying of cheap shares. If there were sufficient faith in the examination of assets and the business plan prior to the bond committment (one has to assume they made such an examination), shares would be a boon to anyone buying at these prices. 25 million shares, if that's the rumor, could be highly appreciable collateral. In any case it sure has caught traders' attention.