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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Ed Hoftell who wrote (196)10/31/1997 11:56:00 PM
From: Ga Bard  Read Replies (2) | Respond to of 7039
 
Ed ... I think you are going to be real surprised very shortly.

MIDL (.5625 - .65625) - Shares Issues: 2.8 million, Insider: 1.6 million, Float: 1.2 million
Talked the company today and I have made them aware that the new departure is not known because they have been a private company for 26 years. They are working on getting out who they are but they are working with a network of Brokers and other large institutions. This is probably the last I will put out on it because in the very near future the big boys are going to be all in this one. With only 1.1 Million in the float there are not a lot of shares to be had on this one. All week someone has been sneaking in buying this one up very slowly on the warrants and the stock. Not one certificate has been called on this one and the short is caught and sweating which is why the bid is always so far away. This stock is worth $4.00 - $6.00 a share without a doubt. They have already have 25M in sells this year alone. They are presently working on getting their financials done and audited. VERY shortly I think you are going to see some major leaps and bounds on this one. If you holding for a double out then you will be getting that very shortly I personally am holding for the $4.00 - $6.00 mark. Most individual investors have already sold out. If you sell at the double out with Brokerage firms holding most of the shares I think there will be no problem in finding a buyer. These brokers know what the value is and what is going on with the company. I was told they had an exceptional week and soon everyone is going to know how exceptional.

I know everyone thinks I am crazy but this one has nothing but major millions all around it. If you are going to research it and you research MIDL then you will think I am NUTZ but you need to research New Departure if you want to find the answers you are looking for. There is an 8K filed explaining the acquisition of New Departure and the earlier two deals do not exist because they could not produce audited financials.

There was an earlier post on BOBz that was negative and you should pick up the phone and call the company. Anyway this is one I am in no matter what. One reason is because the double dumpers are not in it because it is a slowly going up. This next week is going to get interesting with stock analysts looking at it and brokerage firms. I believe this one will hold the $3.50 mark and above for the 20 days and then go NASDAQ very quickly. New Departure leases, distributes, and cross reference software for bearing is there industry on an international level.

Some major deals are coming in the final stages and soon it is all going to start making sense. Companies like MIDL which are at their bankrupt door and then are merely a shell suddenly catch a multi-million dollar private company with a 1.1 million float are extrmemly hard to find. I think you see where I believe this one is a 10 bagger easy. One last note is they cannot find shares to short it down with either and not one certificate has been called.

Anyway trade what is right for you not on what others or I say or do.

GaBArd