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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE -- Ignore unavailable to you. Want to Upgrade?


To: Crazy Canuck who wrote (562)11/16/1999 3:39:00 PM
From: Condor  Read Replies (1) | Respond to of 1252
 
Crazy, I want to tell the story on the thread about a stock that went ballistic on me yesterday.

I held a fair number of shares in one company for about 7 months. I was expecting this company to make a move in its business plan. The stock vascillated around the $ .90 to 1.15 area for months while all us believers held on, fell asleep, eyes glazed over etc.

Well lo and behold the company not only made a move, it slammed down its entire business plan in one royal flush and the stock moved from 1.40 to 4.50 in two days and is gathering its breath at the 3.90 to 4.00 area as I write.

I had even thought of selling it out about 2 weeks ago out of sheer boredom but didn't, thank God.

The main reason I'm relating this story, other than bragging:o), is that as I was actively working with it yesterday, I noticed the similarity between it and Net Shepherd (and JDX).
That other company by the way is near an IPO trading start also. Anyhow, my point is that it was a penny stock that was doing its homework, announcing nothing, stock price quiet and then PLOP !! there it was. The market reacted very strong. I might add that it had nowhere near the following of some of the other stocks I hold (WEB included).

The sad part is I told you about it Monday a.m. by PM at 1 5/8 and then PM'd you back right away because I was afraid that maybe I was over reacting to it. I don't know if you got in but I think not since I haven't heard from you. You are probably going to kill me. So, come on WEB dump that grand slam on the table .

P.S. The symbol of the stock I'm talking about is PLCOP. You will find the thread at simply PLCO. I will say that I wouldn't recommend it (at this time anyhow) since it moved so hard so fast. Consolidation needs to take place and anyways if you're going to spend money, I'd definitely recommend you-know-what as a better investment.

And YES I'm a real Happy Camper.