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Microcap & Penny Stocks : PONY - Pan American Motorsports/American IndyCar Series -- Ignore unavailable to you. Want to Upgrade?


To: KSully who wrote (49)8/16/1998 6:10:00 PM
From: Mark Buckshon  Read Replies (1) | Respond to of 97
 
Thanks for these observations.

I began looking into this stock when a very 'hypy' promotional insert fell out of my weekend Globe and Mail. The cost of this kind of promotion is very high and led me to believe that possibly a classic stock hype/scam was in the works. I also wondered if the earlier postings on this board were from people in some way associated with the company.

Based on the amount of promotion now under-way there may be some upward movement of this stock while the sales guys are working it over. Possibly some short-term money can be made as the selling effort moves into full gear. And like most speculative plays, maybe there is a longer-range jackpot. But I remain wary and will stay with companies that are profitably producing results. By the way, I like Gold, too, -- but stick to companies with producing mines! (example, vgz).