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Microcap & Penny Stocks : IDMC Waste disposal or just garbage? -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (882)8/21/1998 9:38:00 PM
From: Lou Cifer  Read Replies (1) | Respond to of 972
 
DD,
Terrible qtr reported,no news,the market was getting crushed today and the stock held over a $1 on very little selling.
What does it mean?
That those who let their emotions and the crowd guide them sold(very few)and the rest who understand risks and rewards held.
From your yahoo reference..do you think a guy like tinman who doesn't know IDMC and sold at a huge loss is qualified to say chapter 11 is near?LOL
No chapter 11.The company can go 2 qtrs without problems and if needed
while waiting for projects to be done could find financing or do an offering to raise more cash.
Only those investors who can tolerate high risk for a possible huge reward should own idmc;THE REST SHOULD BUY MUTUAL FUNDS OR BLUE CHIP STOCKS.