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Microcap & Penny Stocks : NETZ - gets deal with DEC! future 100 bagger? -- Ignore unavailable to you. Want to Upgrade?


To: Bob Frey who wrote (1295)12/16/1997 7:53:00 PM
From: DGMAC  Read Replies (2) | Respond to of 1702
 
Bob, good point, and I am humbled. I have presumed that everyone has their certificates . I now realize that this is a stupid assumption on my part. I grew up around stock ownership, and my grandparents and parents always kept their stock certificates in a safe in the house. I learned from them that is the only way to do it, and I followed suit, accept I use a safe deposit box at the bank.

I realize from your post that NETZ must have millions of certificates that belong with their owners. Perhaps you would be willing to expound on the benefit of calling in the certs, and the panic that it will cause shorty. Lets just hope NETZ starts reporting in the meantime.

Respectfully,
DGMAC



To: Bob Frey who wrote (1295)12/17/1997 8:40:00 AM
From: Michael Harb  Read Replies (1) | Respond to of 1702
 
<<If your in NETZ for the long call your certificates it will stamp out anyone using your stock to sell short NETZ. Another group in SI did this and if I recall correctly it had the effect of running the stock from about twenty cents to over four dollars. ( I think it was OVIS but it's symb was changed to r??? >>

Please guys, let's not turn this into another "rah rah get your certificates thread". Let's keep this thread on fundamentals, of which there is plenty to discuss. The whole cert thing is a complete waste of time.

I was in OVIS from the beginning. It did NOT RISE BECAUSE OF A SHORT SQUEEZE OR CERT CALLING. I bought at .37 and sold at 3.125. It rose due to extreme hyping. I saw the hype developing and was fortunate to get in early enough and out early enough. It rose to 4 before any certs had been called. When a stock that normally doesn't even trade, starts trading over 1,000,000 shares a day, on mostly buys, what do you expect it to do. It exploded to the upside. The company has ZERO fundamentals. People are suing each other right and left. They are behind in reporting financials, the "cartel" is led by a self-professed psychic, and the stock is now at 1 and falling. Need I say more.

People, please, let's stick to the facts and not turn this into the great cert fiasco. Then this thread will turn into another RMIL(OVIS)/EUTO with everyone posting 100 posts/hr babbling about ever up and down tick being some MM game. Degrades the thread into a childish chatroom.

mike