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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (3934)1/13/1999 7:19:00 PM
From: Anthony@Carribean  Read Replies (3) | Respond to of 122087
 
MLRE is crap..see im Anthony



To: RockyBalboa who wrote (3934)1/13/1999 7:24:00 PM
From: Bear Down  Read Replies (1) | Respond to of 122087
 
As a company?? an infant putting on a tux. They refuse to give me any answers as to shares outstanding, cash on hand, CEO's salary, so its hard to get a good picture. They recently did a financing for 4.5 mill at $2.50/share and then bought an auction house for 7.2 but will not tell how much cash and share exchange rate. They are putting forth a feeble attempt at making the newly moved into building operational. If this is SI inspired I would really worry. There were also alot of false ryumors about them opening on Dec. 31 spread here. The same poster is now posting a first auction in april. I went by the building today and there is one old car in the building and the offfices facing the road are now occupied. What bothers me is the extent of the hype pre Dec. 31 which happens to be the last day they could do that $2.50 share financing. Kinda stinks when the market price that day was $25. They also refuse to say who did the financing.

As a stock. Might go up, might fall down.... I'd expect a small spike when the first mag hits the racks, then probably a slow and steady retreat. They also keep pushing the "we're getting audited financials, movin to the NAZ type issues that stink of hype

Good luck, but i'll watch it and look for a short oppurtunity....It ain't no EBAY