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Microcap & Penny Stocks : CDCH Cerro Dorado Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (171)1/24/1999 4:18:00 PM
From: johnRead Replies (1) | Respond to of 958
 
Next stop 10 cents, gotta love the in fighting.



To: Mr Metals who wrote (171)1/28/1999 4:36:00 PM
From: CIMARead Replies (2) | Respond to of 958
 
Just got a one page update that Bunka put out on Stockhouse today.

Summary:

He said he was "furious" to see the stock tank after his original report. He had no idea the President was leaving the company and unexplained selling was going to occur. He labelled the departure of the ex-President and the installation of Mitch as "very important news". He said he'd want to see a firming of the stock price with perhaps management stepping up to the plate to indicate to the market their belief that the stock is undervalued. He stated unequivocably that he had not sold a single share of his stock into the decline. He called buying the stock at this level "buying at fire-sale prices". He also considers this a very good opportunity to average down if you're already in. His only caveat was to watch for continued unexplained selling which would indicate the troubles aren't over.<end>

If today is any indication it would appear the troubles are over IMO. Mitch indicated to me personally that they were back on track as I mentioned in an earlier post today.