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Microcap & Penny Stocks : AutoCorp Equities (ACOR): Tiny Float+Upcoming PR push=$$$$ -- Ignore unavailable to you. Want to Upgrade?


To: Warlock who wrote (86)4/20/1998 2:13:00 PM
From: Gator  Respond to of 231
 
Patrick,

Just heard the same thing. Company wants to avoid pump and dump. By releasing fax in several releases, they hope to move stock up 1/4 to 3/8 per day. According to P.R., they have plenty of news forthcoming to sustain the stock price if it moves up gradually, but no amount of news will combat profit taking from a stock that moves from 2 to 7 or 8 overnight. Sounds like they have a solid game plan.

Gator



To: Warlock who wrote (86)4/20/1998 6:10:00 PM
From: Andrew H  Read Replies (1) | Respond to of 231
 
200-500 people a day receiving the fax sounds good to me. Looks like some buying did come in this afternoon but was followed by some selling as well. Because of the small float, the stock will remain highly volatile. But if the company is doing as well as we hear, there should be a steady trend higher.

Let the fax campaign begin!!



To: Warlock who wrote (86)4/21/1998 1:59:00 PM
From: Jerry S.  Read Replies (1) | Respond to of 231
 
Well, $7 or $8 sounds damn good, but lets get realistic here. That's a target price after say, 2-3 quarters of proven, increasing revenues & profits. But I will say this, this business concept that they have sounds like a real winner, and I bought because of the potential of it being a $10+ stock within 1 - 2 years.

Once the word gets out with the PR push I am convinced that others will recognize this potential and I can forsee $4 range within a week or two. Will probably settle around that range for a while until proven numbers come out, then it will soar!

IMHO, of course