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Microcap & Penny Stocks : New Sky Communications (NSKY) -- Ignore unavailable to you. Want to Upgrade?

To: Jules who wrote (2295)	9/9/1998 11:25:00 AM
From: Donster	Respond to of 2601

Good morning all. You asked for my thoughts, so here goes. As for the stock price, I have it on good authority that much of the recent volume is from a few shareholders who bought big (a few million shares) the last few weeks and took their profits in smaller blocks with the thought of getting back in for another ride. Nothing wrong with that strategy, it's just not mine. But it explains what has been happening. IMO, this company is very undervalued now and they may have trouble regaining their position at less than they sold. As for news from the company: I believe we will have huge news within the next week and a half. But they will not give an exact date for a press release because negotiations are negotiations and they do not want the "hypester" label if for some reason the PR does not come out as announced. I've said before that Reynolds cares much more about getting the current three (and future) projects finished than the day-to-day fluctuations in the stock price. We have a solid, fully-reporting company here that plays by all the market rules. It is not a pump and dump. This is not your usual penny stock company which lives and dies on numerous PRs. They are in the painstaking business of making movies, and the PR for those projects, when they are completed, are what they are most interested in. That's where they will get most of the revenue for the company. One movie is all but complete and a distribution deal is being worked out (news to come when deal is finalized). Two others are in very active financial negotiations now (news to come when deals are finalized). Yes, the next news will likely drive this stock to 10 to 15 cents, based on what has happened in the past. And who knows where it will go with the subsequent releases. They have never been in the position of multiple projects. But stock price spikes are not essential for the company to continue with their game plan. For those of us who have been in NSKY for some time, it is gratifying to see the projects making steady progress and know that the rewards will soon be there. And you can bet, when the PRs are released, they will have substance. For those just now thinking of joining us, there is abundant DD in previous posts here. But do your own DD and make your own decisions based on your investment strategy, not based on what I (or anyone else) have said. This is not directed at you Jules, but some shareholders who threaten the company with a loss of interest without a PR every few days are, IMO, traders who want to turn NSKY into a pump and dump. It isn't going to happen! Despite those particular shareholders' games, I expect to see strong growth in stock value with solid support levels along the way.