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Gold/Mining/Energy : $0.50 and Under *** CONTEST*** (MAY) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (121)5/4/1998 10:40:00 PM
From: Buckey  Read Replies (1) | Respond to of 219
 
ED, Address is on the way.

My opinion on dilutions is so what??? - more shares and more cash - in theory should not affect share price in a one month period.

On reverse splits which we will see as I doubt many uder .50 companies will doing splits. Simply take the exit or month end close price and divide by the split and compare it to the original price. IE - a stock is picked at 10 cents. IT reverse splits 1 for 10 so the new price after the split is around a dollar and it closes or exits at $1.50 - divide this number by 10 for a 15 cent relative price and a 50% increase.



To: Ed Pakstas who wrote (121)5/4/1998 10:46:00 PM
From: Wizzer  Respond to of 219
 
My vote is: You takes your chances when picking in every way. Something happens good or bad, it is the nature of the beast. Their picks should be allowed to continue in the contest, with an adjustment for a consolidation or dilution. Just say for the sake of argument everyone has purchased 1000 shares at the beginning of the month and needs to still have 1000 at the end. If someone gets an advantage through a consolidation, it will not be the new consolidated price just the quote divided by the consolidated amount of shares [ie. a stock at 10 cents is consolidated 1 for 10 and the new price at the end of the month is $1.50 then the gain is 5 cents to 15 cents realizing a 50% profit]. That is fair, but may make a little more work for you, if it ever happens.



To: Ed Pakstas who wrote (121)5/4/1998 10:56:00 PM
From: Tupulak  Respond to of 219
 
Ed,
I view this contest as more fun than anything. I go in knowing that I more than likely won't get anything out of it except a few more decent small caps to watch and possibly sink some money into. So what ever is fine by me. By the way the Torino that went from $0.06 to $0.09 on the first day went back to $0.07. Still not low enough for my bid price. On this one I have the opinion if I get some then great but I am not going to chase it.
Curtis
P.S. Labrador is staying pretty steady for you. Hopefully you will see some good news soon.



To: Ed Pakstas who wrote (121)5/6/1998 4:22:00 PM
From: Mr Metals  Read Replies (1) | Respond to of 219
 
One of my picks EEL.VSE is soaring today, did I win...LOL

Mr Metals



To: Ed Pakstas who wrote (121)5/7/1998 1:06:00 PM
From: Mr Metals  Respond to of 219
 
Hi Ed,

Did U buy any EEL yet:-) Don't wait.

Mr Metals



To: Ed Pakstas who wrote (121)5/9/1998 2:39:00 PM
From: Rocket Red  Read Replies (1) | Respond to of 219
 
Ed can i enter the contest a little late with cyf starting at .50