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


To: Bram12345 who wrote (51240)6/14/2000 10:52:00 AM
From: StocksDATsoar  Read Replies (1) | Respond to of 150070
 
WAMX - News. The company announced today they will be airing their commercials on CNBC starting today. We have been told that trading has been suspended. WE DO NOT KNOW WHY! Many varied rumors are circulating. We are hearing everything from:
1. "someone has bought the float and the MM's don't know what to do".
2. "Nasdaq and the SEC are investigating the operations of the company"

It's fair to say it will all come out in the wash. Expect to see news within days or even hours.
If the market is oversold we could see quite a bounce when it reopens.
If it turns out that there has been some wrongdoing.....a delisting to the pink sheets would be likely. The company had also announced a conference call on June 20th.
Current Price $1.62
biz.yahoo.com
biz.yahoo.com
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