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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: TsioKawe who wrote (60528)	9/17/1999 8:02:00 AM
From: R.E.B.	Respond to of 90042

TsioKawe, I'll throw my two cents in here. Most institutional investors cannot invest in OTC BB stocks, especially if they are a non-reporting company. You might be able to convince a hedge fund to buy the stock and recommend it to their close friends, but I doubt you will get any "reputable firm" to actually give a recommendation for PNLK in its current status. It's a catch 22...... you can't get institutional buying until you're on AMEX or NASDAQ small cap, and you can't get there until you have the support. Problem is for a lot of BB companies, they have too many shares, too many warrants, too many options, too many 144 filings each month and too big of a float. Consequently they are "low hanging fruit" for the market makers and are easily "picked"..... you know what I mean. I suggest you try for a "waiver" and get on the AMEX with a $2 stock price..... I've seen it done if your balance sheet is clean. Good luck.