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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (2054)5/19/2009 10:22:31 AM
From: RockyBalboa  Respond to of 3862
 
Yes on SMGC I have only second thoughts, since there is a research report from a "Grenada Capital" out which also featured several highly dubious small caps earlier all of which sank into oblivition.
Grenada claims that SMGC trades at a hefty discount to its underlying asset.

IGC doubled from 0.65 to 1.30 in 24 hours, but SMCG sees no buying at all.