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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: myturn who wrote (29154)	2/19/2000 8:26:00 AM
From: Vision21	Read Replies (1) \| Respond to of 150070

Post fron the Raging Bull on "PENY" Nice move yesterday. From the DD that I have read, and with the upcoming share holders meeting next week. There is speculation that PENY will be trading around .20...I feel that .20 is rather conservative, I am figuring it to be around .50. Reasons why... 1). Selecting a new board of directors. 2). Hiring a new accounting firm. 3). Buying and retiring shares out of the float. Less than 50m O/S. Float is low, up 128% on less that 1 million traded. 4). They are a holding stock in TXCO, and other companies. 5). PENY is still not discovered by the majority of the OTC:BB investers yet ie. newsletters. I feel that with in the next few weeks we can see PENY trading in the .50 range. I am going to hold this one long.. Good luck to all! Wister