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Microcap & Penny Stocks : The Real Micro-penny- Less then one penny!! -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Miller who wrote (20)6/23/1998 5:58:00 PM
From: broke2  Read Replies (3) | Respond to of 906
 
7,550,007 are the outstanding shares. I don't
know the float. Sorry about the misinformation.
All the #s I posted above are outstanding shares.
broke2



To: Daniel Miller who wrote (20)6/23/1998 6:14:00 PM
From: Harry  Read Replies (1) | Respond to of 906
 
Daniel: I like your idea of researching micro-pennies, but why chose CHSC simply because they have a small float?

I think you need more than just a small float to get these micros moving. The only thing that will get these moving again is rumor of a profitable private company planning on acquiring the shell.

I need a story to buy into before buying one of these stocks. High volume and a price jump from .003 to .01 is not enough to get most to buy in near the top, fearing they would get stuck holding the bag. Did you set up this thread to just play these micros for a "pump and dump" or do you plan having others do research to find a diamond among them ready to be acquired?

What's your game plan?

I'll be watching the thread if any good picks come up.

Harry



To: Daniel Miller who wrote (20)6/23/1998 6:32:00 PM
From: P.S.N.  Read Replies (1) | Respond to of 906
 
DANIEL If you are looking to run one of these stocks ( post #4 ) why not pick CHES according to the post it has the smallest float and at .004 the whole float can be bought for $4798.74 if my math is right. Not to preach but you do realize that most of these companies are most likely shells, and being such it will take more then heavy buying to get substained upward movement out of them in the short term, unless you get lucky enough to pick one with pending ( good ) news IMHO......PSN



To: Daniel Miller who wrote (20)6/23/1998 8:46:00 PM
From: Brett Fleischman  Read Replies (1) | Respond to of 906
 
Daniel, like others have said, there has to be something there other than trading paper...if some entity is pursuing the shell, like has been rumored with LBGF than there is reason for some speculative excitement but just to "move" a shell just wont work.

Brett