Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX) -- Ignore unavailable to you. Want to Upgrade?

To: eric deaver who wrote (999)	5/7/1998 11:25:00 AM
From: Mike Moran	Read Replies (2) \| Respond to of 2911

eric... << Heck, you are contending that all 11-12MM shares are held by these people who are anxious to vote for a take over just to cash out but will hold through those levels on rumor and speculation of a Mon. gap up. >> I don't contend the above at all. I do contend that the majority of the holders of those shares, and there are over 14 million shares that fall in that category, are held by persons who TODAY would take $.75. I've been pretty good about defining these shareholders: 1) people who bought stock for over 5 months at prices from $.125 to $.375 2) people who bought stock at prices greater than $2.00 and have been boxed due to poor liquidity and stock prices eric.... people are people. They are motivated by profit as well as their own anxieties. My Jersey broker friend, who has a lot of his people in the stock at higher prices, believes that once the rumor becomes a real story, almost all of the so called 14 million available shares are going to be made available. You may not use a broker for your trades. Therefore, you are in control of your own fortunes. This is not the case for a lot of these people.

To: eric deaver who wrote (999)	5/8/1998 3:09:00 AM
From: musicguy	Respond to of 2911

Eric, you said... "Heck, you are contending that all 11-12MM shares are held by these people who are anxious to vote for a take over just to cash out but will hold through those levels on rumor and speculation of a Mon. gap up. This doesn't seem logical to me." There is the herd mentality... During a run, people may hold on rumored news... gaps etc... they may even believe everyone else is doing the same.. but if they think others will sell @ .75, the attitude may be "Well hell I guess I will too.... if thats the best I can do... everyone else is" just speculation, please feel free to tell me Im full of ... um... (dont want another warning message from SI) poopie... MG