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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999 -- Ignore unavailable to you. Want to Upgrade?


To: BigDaddyMac who wrote (1924)1/24/1999 7:33:00 PM
From: edde  Read Replies (1) | Respond to of 2648
 
Tell me how do you do DD on this co. when they refuse to provide any information.



To: BigDaddyMac who wrote (1924)1/24/1999 8:42:00 PM
From: E. Davies  Read Replies (2) | Respond to of 2648
 
There might even have been an incentive for the hypothetical investor doing the private placement to have the stock price as low as possible at the time of the placement. Depends on the structure of the "loan".
Whoever is selling clearly has a purpose of driving the price downward and creating doubt and uncertainty. It is not the behavior of a normal seller who wants the best price for his shares.
Eric