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Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV -- Ignore unavailable to you. Want to Upgrade?


To: Don Coulter who wrote (509)7/8/1998 11:40:00 PM
From: Mac  Read Replies (1) | Respond to of 1364
 
Very weak looking chart to be worrying about a rapid price advance.
NUKE has broken all technical support & still no details on the $2 mil
financing. I'm suspect anyone recommending NUKE at this point has more stock to unload. There may well be something good here but I'll wait for contracts.



To: Don Coulter who wrote (509)7/9/1998 12:33:00 AM
From: Trumptown  Respond to of 1364
 
Don, thanks for the info. Here's what I think is going on. NUKE needs to have a stock price around $1 to get a decent deal on the financing (the 504 still is not finished). The stinky stock guy coupled with a trading run-up gave us a pretty good kick in the shins.
Now is the time for investing, this is where we give our money to the company with the hope that they are doing the right things...I've been looking for one more down tick to get some more, but with the recommendations coming out in the next month we may not see the price too much lower. The financing is moving very slow, this a risk and probably why we're back in the .60's.

SR