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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (954)11/15/1999 9:46:00 PM
From: Dave Gore  Read Replies (1) | Respond to of 1296
 
Look at it this way: PLCOP's let you buy PLCO at 56 cents right now.

After Dec. 29th you can convert (1) PLCOP to (6)shares of PCLO, which is priced at about $1.30 right now.

Current price of PLCOP = $3.37
That means that you are actually paying $3.37 divided by 6 or about 56 cents per share for PLCO.


That's why I think people should continue to buy the P's.

Of course that's just my opinion.

Good luck,
DAVE
PS- watch the volatility at some point. Might want to sell half on a double or triple if we get there.