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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?


To: blash who wrote (3134)10/10/1998 1:34:00 PM
From: dalroi  Read Replies (1) | Respond to of 4230
 
dacoola et al
i think your assumption is right. A lot of slogs are getting nervous.
WE NEED FORM 10 if not i think a lot will sell
we have a lot of problems with this stock
1/ collin lies about bk
2/ float changes continue
3/ there was a pp in the making (are we sure this is canceld)
4/ is nutstoo real ?
5/ where is form 10
6/ sec investigation

the only thing which hold me here is that the trading volume is drying up only 70.000 instead of 600K
so something is going to happen
but i made my cutoff line
i sold 1/2 position @ 2.5 (berkshire is to cheap to let it pas in the 18..)
if in 2w we dont get either
1/ form 10
2/ 2 outside director
3/ 3q
4/ squeese
or we go below 2
i sell the rest. Then i take my lose and vow never to tough BB stocks ever again
sorry for this post but this stock is asking a lot of patience (which i have with establisched compagnys) eg if BRKB tanks i m not worried i see it as a buying opportunity but this one has every thing to prove
and so cheap is it not one should look at oil services stocks for the moment -90% of there high of last year and those compagnies are already long around