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Gold/Mining/Energy : PLRN - OIL!!! -- Ignore unavailable to you. Want to Upgrade?


To: FARRIS who wrote (368)11/12/1997 11:31:00 AM
From: FARRIS  Read Replies (1) | Respond to of 476
 
Offie,
Pardon my laziness, but RAKO is going 100:1 on a pre-split price of $2 5/32 on a 3.9 million float? That is a wild move -- I will have to look into that more closely. THey are trying to take control of their stock -- I will venture to say that they will have their head handed to them if they are not making good money -- I will look into it. If you have any other interesting info, please send to
e_farris@hotmail.com
Thanks,
Eric
Just looked into RAKO further -- there is a lot more to that story than a 100-1 reverse -- a terrible stock from what I see -- but probably an excellent company. They are going private -- unless my research is incomplete. I will look some more, but will not waste too much time on it.