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Microcap & Penny Stocks : Madera Int. (WOOD) -- Ignore unavailable to you. Want to Upgrade?

To: David Cal who wrote (2586)	1/3/1999 11:59:00 AM
From: David T. Groves	Read Replies (1) \| Respond to of 3693

The only problem I have with this stock is that I didn't buy enough when it was in the $.04's and $.05's. I certainly wasn't smart enough when it was in the .03's I still don't have a problem buying more on Monday. I'll take a few thousand and split it in half and buy some a little after the opening at whatever seems reasonable, and some just before the close at market. After all, the 24 million shares that sold on Thursday represents between a third and a half of the available float. there is a ton of momentum here. The number of trades as reported earlier on the thread was amazing to me. As Frick pointed out in an earlier post, they could just sell the land and we could get $.50 a share. Later posts showed that holding the land and working it brings so much more per share. Speaking of Frick, where is he? Vacation? Many people are gone for the holidays, I carried a laptop along, but didn't use it until I talked to one of my older children, that was coming up Wednesday night and just happened to know I had Wood, and just happened to keep track of it and could tell me that it had jumped to $.11 at that time. Just think of the people that have been gone this week and are just finding out about this now. 24 million shares bought at these prices, is a very good base. The sellers probably were, as usual, shareholders that have been holding for the last few years and thought they would never recoup the money they had invested. Why do they never take the real ride up? Don't they see the company has turned profitable and are expanding on the internet? Dave S. are you still holding? I hope so. Everything you said to me made sense, and it still does. I bought and I bought more, on your recommendation. I have as many shares as you said you did, just got them a little cheaper. You definately have a steak dinner coming. Anyway that is my plan. I may even take a couple of hundred and buy some Rain Forest products. I won't be afraid to buy Monday, And I'll buy on dips as they come. Dave