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Microcap & Penny Stocks : IDMC Waste disposal or just garbage? -- Ignore unavailable to you. Want to Upgrade?


To: Peach who wrote (316)11/20/1997 11:09:00 PM
From: Lou Cifer  Read Replies (1) | Respond to of 972
 
Joe,
IDMCW is the dumbest investment anyone can make besides owning
Bre-X.The fact that buying the warrants is stupid does not indicate
that this company is no good.People buy IDMCW because the are gamblers
or should I say bad gamblers.I assure you that 99% of the IDMCW
buyers do not know that there's a call provision.Perhaps these
are the same people who buy out of the money options with 3 days
left to expiration.I have tried to short IDMCW before but there
is no paper available anymore so forget about it!
Even though you do not fully understand that IDM has gone from a
gamble 6 months ago to a real company today with huge earnings
potential I enjoy reading your postings because they are very
entertaining.
Peace,
LC