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Microcap & Penny Stocks : SCTU - SC & T International Inc. -- Ignore unavailable to you. Want to Upgrade?


To: william Velmer who wrote (387)4/18/1998 7:43:00 PM
From: Jamessmith  Read Replies (1) | Respond to of 741
 
What are you talking? When the Dog recommended SCTI, it was 0.16. Now 0.23, not mention the running up. What can you complain?

The management is suck. They should not have a reverse split and issue more shares. They should buy shares back and improve the stock price and reduce outstanding shares with the cash they have (5 million x 0.30/share = $1.5 million). Later on, when the stock goes high, they can have another offer. The management just does not get it. They do not have any intentions to improve shareholder value. Why should investors trust them?

When a stock has reverse split, sell, sell , sell. This is a rule. Don't even think why.

James