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Microcap & Penny Stocks : USBL (United States Basketball League) -- Ignore unavailable to you. Want to Upgrade?


To: Jay Lowe who wrote (83)3/17/1998 5:51:00 PM
From: Jeff Harrington  Respond to of 146
 
Interesting how the packet quotes a BUY recommendation from someone
with the warning that it's got a "Low Float".

I'm starting to understand how a low float is dangerous:

1. MM's will have to short it, never allowing it to rise until you
have crazy mad volume.

2. MM's will play games with the price until above.

How do you get that kind of volume with Press Releases from an unknown company? It's like a chicken and egg thing. No one's going to buy until you have momentum up. No momentum up until volume is enough to crash the MM's games.

I'm long on USBL... that is once RNTK takes off... and I buy back in.

Jeff Harrington



To: Jay Lowe who wrote (83)3/17/1998 8:00:00 PM
From: workingclassman9  Respond to of 146
 
I am glad that you saw the benefits of investing in this Company.Like
you I was very impressed with what I read about this Company and
what it has in potential.I know the President of USBL Dan Meisenheimer has started a PR campaign and this should give the
exposure the Stock needs.I am looking for a home run here.

regards



To: Jay Lowe who wrote (83)3/24/1998 12:17:00 AM
From: workingclassman9  Read Replies (1) | Respond to of 146
 
Jay:I know the owner of the USBL has started to do more PR,but
I cannot understand for such a beauty of Company to go unnoticed
for so long and just 500 thousand in the public float.This unlike a
lage number of OTC stocks does have earnings,very little in public float and increasing revenues.This Stock should easy be over the
3.00 mark.With the season about to start ,the League will get
more coverage and the league is expanding.Investors are missing on one great buy in my opinion.

regards

tipster