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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: majormember who wrote (2395)8/17/1998 8:02:00 PM
From: lib  Respond to of 59879
 
Skane;

Been following this one for a bit and would offer a few ideas, one of which you already alluded to. The float is obviously much bigger than 450k. Promises for news about further financing have been next to nil along with planned purchases by Wal-mart for their product. Questions about the tents and their practicality along with their supposed 22 patents are also being raised which does not sit well. Management is also very difficult to get a hold of. Doesn't appear to be any bottoming out until a release is issued concerning the actual number of outstanding shares issued and the financing situation. And then there is the usual hoopla that surrounds discussions on most bb's and that is the mm's. # of MM participation has dwindled on this during the recent month. Tremendous upside to this co. if they were to get their act together, so for now thoughts of the dreadful "scam" word are beginning to ring. Any kind of a release concerning the above would send share value into a quick turnaround imo. Question is do you risk buying where it is trading now, wait for news and buy in on the run up, or leave this alone entirely. Hope this input helps.