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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (3951)6/6/1998 10:43:00 AM
From: Scanner Man  Read Replies (1) | Respond to of 7491
 
It's not so much the number of current outstanding shares that interests me: I'd like to know the number of authorized shares. Authorized shares can be issued any old time, and as we all know, dilution tends to have a depressing effect on stock price.

You're right, Janice. Thanks for pointing that out. FAMH is a good example of such a dilution.



To: Janice Shell who wrote (3951)6/6/1998 11:36:00 PM
From: Mr. Forthright  Respond to of 7491
 
I write on a lot of threads where stocks are trading at hugely inflated valuation. All these stocks when I started writing about them were heavily promoted and running up. After they come down the hypesters usually go away and look for the next stock to speculate on. CSHK is different. The stock is in the gutter and the small-time hypesters are still trying to push it. I briefly followed and wrote on the thread of a stock that was trading at $0.25 recently. I originally thought that there was little downside left but after looking into it more closely (AKA DD) I wrote about it. Guess what? It got suspended shortly thereafter. By the way it hit $0.03 before getting pulled.