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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (17222)7/6/1998 6:00:00 PM
From: Turboe  Read Replies (2) | Respond to of 50264
 
Why is this going to be delisted? Not even listed yet!

To: Steve (17218 )
From: Janice Shell Monday, Jul 6 1998 5:57PM ET
Reply # of 17223

My point was that stocks that are candidates for imminent delisting are not good picks. Ever.





To: Janice Shell who wrote (17222)7/6/1998 9:18:00 PM
From: Steve  Respond to of 50264
 
dear this stock was not picked for delisting..........the company was doing great. Turns out the mafia had influenced a brokerage house to manipulate the price. Well NASDAQ had there eye on these folks for a year. Well when they took it down they also took the president of the company halted trading then delisted them. As of right now the justice is trying to settle with the president of the company for wrongly accusing him. He had nothing to do with the wrong doing. There were some question about the audit but the auditors used the NASDAQ guide lines and if it was a boo boo it was with the way the auditors did things not the company. There was a law suit by investors against the company but seeing they did nothing wrong the lawsuit is now against NASDAQ for delisting a company without proper justification. If NASDAQ does not allow the trading to continue within two weeks the lawyers are going to start there precedings. Mean time the compant has sold some properties and bought some and are in the green. Matter of fact they cclaim to be better off then before this started. So the trading being halted could be to everyones benifit that they were no able to get rid of there stock. If they are in as good shape as they say then this is great.

Now one of my very first stocks I picked when I was in Saudi dropped off NASDAQ about 1 month after I bought them. 2000 shares at .25, being in saudi it was hard to get info at the time. About 4 months later i touched base with the people. They had sued Sears and won the stock was 4.00......needless to say i called my broker at once and dummped it all. I would be embarssed to tell you how i picked stocks when i first started out.

oh yea go DGIV



To: Janice Shell who wrote (17222)7/6/1998 10:45:00 PM
From: Forest Gump  Respond to of 50264
 
Right, they delist 3-4 dollar OTC stocks, yeah right



To: Janice Shell who wrote (17222)7/6/1998 10:48:00 PM
From: Hound  Respond to of 50264
 
Either are people.