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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Micropicker who wrote (24943)6/12/1998 9:20:00 AM
From: Logistics  Read Replies (1) | Respond to of 34592
 
GARN - holding into next week. Revised merger figures should send GARN back to the .50 cent range in my opinon.

Do your dd.

JL



To: Micropicker who wrote (24943)6/12/1998 9:41:00 AM
From: Tim Luke  Read Replies (2) | Respond to of 34592
 
Now that's funny!

I sold my IOM for Big Dog's next pick and plan on selling some more shares of one of my large caps for more liquid funds.

It seems like Big Dog has been working hard on his next BIG pick so I will be ready the second he releases it.

Go Big Dog!



To: Micropicker who wrote (24943)6/12/1998 12:19:00 PM
From: Micropicker  Read Replies (3) | Respond to of 34592
 
SPTK - Buy ahead of the news?

The Nevada State Gaming Commission is voting next Tuesday on whether to allow Spintek's Accuhopper system to be used in Nevada to verify how many coins were placed in the hopper of a slot machine. Presently 2 signatures are required on each fill slip. The vote will allow a single signature, with the Accuhopper system acting as the second signature. This represents a potential windfall to casinos who will no longer require two people to fill slot machines. SPTK already has agreements with Bally's and IGT, all they need is approval.

The stock jumped from the mid .50's to 75 cents last month on no news, but has drifted back. My guess is that the system was perfected at that time and "quasi"-insiders bought in, only to learn that there was one more approval before the system could be widely employed. The jump back to 75 cents could happen quickly.

Shares issued 18,673,055
Directors and Execs own 21.6% of common
3 large shareholders own 58.5% of common
This leaves a public float of less than 2 million
The last insider trade was the CEO buying 1.5 million shares!