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Microcap & Penny Stocks : NSKY - NEW SKY - Movie production and MoviePlace.com site -- Ignore unavailable to you. Want to Upgrade?


To: OFW who wrote (6087)11/13/1999 6:17:00 AM
From: Freddie Forte  Read Replies (1) | Respond to of 6548
 
Hey gang. Just a few thoughts. Shimkus made a great post on RB(#8268). It appears NSKY is becoming a very interesting and compelling story and most of us are staying tuned to see the outcome. There are some very GREAT scenarios that can play out with this baby in the not too distant future that should justify our patience as shareholders. IMHO, the real fireworks won't begin until spring. It's just the way pennies work. NSKY should be no different. However, I detected a slight bit of cynicism in her post concerning insider sales and message boards, some of which I agree on. Take a look at the charts. Acc./Dist. indicator took a nose dive this week. This indicator has been very reliable in the past. Somebody was selling into the euphoria. Was it just penny traders looking for a quick buck? Weak longtermers just waiting to get out? Was it Charles? We'll know soon enough. If it was Charles again, what would everyone think? Are we being played? Interesting stuff.

All in all, the 10Q made for some great reading. Two questions? Whatever happened to the "Hell Candidate"? And according to the 10Q, NSKY has additional paid-in capital of 5,962,028 and accumulated deficit of 4,946,346? How did they derive these numbers? Total stockholders' equity is a positive number, which is great, but how did we get there is my question?

MOVIEPLACE.COM IS OUR ACE IN THE HOLE. I'll bet on it.