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Microcap & Penny Stocks : Buying opportunity - Market maker out of business -- Ignore unavailable to you. Want to Upgrade?


To: rt1^ who wrote (65)1/16/1998 10:46:00 AM
From: Master (Hijacked)  Read Replies (2) | Respond to of 472
 
*off topic*- NURS . There wouldn't be a reverse if NASDAQ hadn't of changed their
rules. Now to avoid the split, NURS has got to start making a move today to close in to the $1 territory.

Yesterday looks like the big buyer who stepped up and threw down
2 block trades of 300,000, got back on the sidelines and only
about 100,000 in selling dropped the bid back to .25.

But as a few days ago there is big quantity on the bid and little
on the offer- which is a very bullish sign. If the high roller
steps back in today, theres probably only about 200,000 shares
between here and 50 cents.

I think most of the big selling was over in December, when tax loss
sellers and those convertible debenture holders finally unloaded and tanked the stock. On the up side- looks like only profit-taking sellers left to fight, the management wants to get the stock to
$1 to avoid the split, the balance sheet is clean of debt and
stock conversions, money-losing
operations have been sold off and the Cymedix deal is being rolled
out with explosive possibilities(there looks to be a big
marketing push at a trade show mid-February to over 20,000 prospective
clients)- we'll just have to wait and see if there is the buying
strength to take NURS to the next level. BTW, I am very impressed
with management too.



To: rt1^ who wrote (65)1/16/1998 12:22:00 PM
From: beat the market  Respond to of 472
 
no want wants a reverse split, that is obvious, but i dont see it moving , i own it, i really think it should hit 50 cents by late next week but maybe im wrong



To: rt1^ who wrote (65)2/10/1998 12:46:00 PM
From: rt1^  Respond to of 472
 
rt to rt
re: A repost

<I don't know if it will hit a buck or not, I have no idea where it is going. But after talking
to the CEO yesterday I am convinced that the man was level with me. He would
RATHER NOT reverse split, he is seeking other means which he could not elaborate
with me but briefly touched on a Buy Back, (He didn't Say he was Buying back but it
was under consideration). He is not going to split this stock in order savage the
shareholder and would much prefer to grow the company. (which in my opinion is doing
a good job of it, Look at the share value over the past) was a 5.00 per share loss awhile
back, now in Positive territory. But he needs to keep the Nasdaq Listing rather than drop
into the abyss of the BBS stock.
Call him up, I think you will be impressed.>

It take a man with Brass Ba*ls and confidence in his company to make this kind of desision,(re: rejecting a reverse split. I have a call into him right now. I will try to post the comments prior to leaving.
I believe after carefully reviewing the Balance sheets, a $1.00 is conservative at best.

rt
If I hear from him I will post the info, Mainly I will be asking him the impact on the Balance sheet with regards to Cyber, and to ask him why his confidence is so high and the what effected his change of heart.
I will be gone for a few weeks but it is worth a call, as for me, I will remain and instruct to accumulate.