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Microcap & Penny Stocks : STRATEGIC SOLUT (Nasdaq:SSGI) -- Ignore unavailable to you. Want to Upgrade?


To: ComSolut who wrote (169)8/28/1998 6:12:00 PM
From: Wally  Read Replies (1) | Respond to of 388
 
ComSolut: I believe your take on the situation is accurate. The unknown quantity here is the question of where the stock would be short-term if the market had not been taking a beating during the day of the news. My best guess is that on a normal day we might have briefly hit .50 and then pulled back to to 7/16. So things may have looked a tiny bit better.
An October deal closure would certainly be a big step.
I might be slightly more generous and place the money raising issue somewhere between "negative" and "unknown." At least it's a sign that they are actually trying to invest in the enterprise... or am I reaching for rose colored straws? Realizing of course that the ability to obtain the money and then pay back the money remain serious questions.

Wally