To: LANCE B who wrote (77 ) 6/30/1998 1:26:00 PM From: Coral4pH_dot_com Read Replies (1) | Respond to of 1174
I have been buying heavily @ .065 today. With many stocks like this, there is little information to go on. That is why hords of people aren't jumping in yet. Unfortunately (or fortunately for us now with this price), it is extremely difficult to get information as this stock has been dormant for a while now. I have seen many sub-penny stocks like this one rise from the dust to .05, .10, .30 when heavy buying starts (as it appears to have started). What is comes down to is MMs believing that a ticker symbol will dissappear and the company will go away. Well, obviously this ticker symbol is still trading and the damage the MMs did to the price must now be accounted for. I can promise you that the MMs are VERY worried right now as it is SO VERY obvious they have shorted (over sold non-existent shares) this stock in a massive way. The MMs are very surprised it is now trading again. They do not want to sell any shares. It is very apparent as I entered an order to buy 500,000 shares at .065 and they moved the ask to .07. Is that just a little bit obvious!!! Anyway, this stock will bring profits, but for now, you cannot base it on company fundamentals, etc., but base it on the stock price reaction to buying pressure, the apparent shorting, the very possible larger company purchasing the ticker symbol in order to go public very quickly, the obvious direction of the price, the very low price to accumulate a truck load of shares, etc., etc. Good luck. I will attempt to get any information possible and try to verify all information as factual. Good luck and I look forward to hearing any information others can provide!!! I hope we all see MASSIVE PROFITS like I have seen with PRWT, EUTO, HCCA, etc (all of these were bought at sub-penny and sold at MASSIVE PROFITS). I hope the success continues. I will provide information on others as I come across them.