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Microcap & Penny Stocks : nhmcf -- Ignore unavailable to you. Want to Upgrade?


To: Laurens who wrote (441)1/27/1998 12:46:00 PM
From: Mike Heimbuch  Read Replies (2) | Respond to of 702
 
Hello

I stand corrected on the short positions for US/Can - they are down to about 60k in Can and 14k in US. There may still be a situation re: naked shorts within the market makers accounting for up to 500k shares as calculated from depository trust sheets - the exact mechanism for which I'm not completely familiar. I can say again - after another conversation - that this company was not involved with any agreement for stock promotion as discussed here - and hopefully the co. will bolster that statement with some sort of release if they feel it is warranted. Being that they consider themselves to be an upstanding company - it may be a bit unseemly for them to be wateriing all the brush fires appearing on bulletin boards. I believe the timeline is still June for this company to break even or go into the black a bit. If this company follows the current world wide trend of making acquisitions to spur growth - it could be an interesting year.

Mike



To: Laurens who wrote (441)1/30/1998 7:41:00 PM
From: Robb  Read Replies (1) | Respond to of 702
 
Laurens--With regards to your comments about Kostech--I have invested in some of the company's that they have profiled--as was said in another post-many have done pretty well--One of the things that I have appreciated about Kostech is that they have returned my email,phone calls and seemingly been upfront even when they are wrong--they told me that umsi was a mistake-but at the time -the recommedation was honest and they did believe the company was going to be a good investment-one of umsi's problems was that they did not get the financing they had anticipated to market and further develop their products not to mention that their is now doubt about the CEOs integrity--any time you get into the game of recommending and investing in small cap and penny stocks the risks are greater and even the best aren't right every time--with penny stocks or even higher priced stocks of companys without established revenues the odds of them succeeding is only 1 in 10- Obviously NHMCF does not fit that description-but they are a young company and will need time to develop- Remember that their was a 21 million dollar investment backed by the Canadian govt and private investers just to develop their robotic technology--I agree that this is one of the best 2.5 dollar stocks anywhere-Kostech still believes that NHMCF is going to be a great company even though it is down from where they recommended it. When is the last time you got a personnal reply from FSS. In response to where to find Kostechs write up-you must go to the Kostech archive list on there websight and all the stocks they have recommended are listed in alphabetical order -I don't know if you have to a subscriber to access that or not--Just My opinion
Rob