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Microcap & Penny Stocks : CACP -- Ignore unavailable to you. Want to Upgrade?


To: Shawn Donahue who wrote (1)2/4/1999 3:56:00 PM
From: Willsgarden  Read Replies (2) | Respond to of 18
 
Its me Phil....
I recently tried to find out what happened, but hit a dead end. the broker that had dealt with the ceo of the company provided a $25,000 loan last year, and to my knowledge did not gt paid on it. CCan't find him now either. Don't know what to do about this except if i have any gains this year coming......i will sell what i have for offset the gains. Made no money this year so still holding.
Bill
PS Shawn is a friend from another loser we both had. I do very little speculating on penny stocks these days although one that i may have mentioned over a year ago LMMI a gold stock has after all this time come to life and is a double for me, and I'm waiting for more...so you never know!



To: Shawn Donahue who wrote (1)2/5/1999 10:30:00 AM
From: Philip Armstrong  Read Replies (1) | Respond to of 18
 
I don't know. I knew someone who thought that this stock would make a move. They were supposed to have some orderes coming from Inda for a fuel additive. They were supposed to have some inroads into the Indian goverment. But then came "A" bomb test after the right wingers won their elections. I have a little money invested hoping that they will be picked up for a shell for something else. Hey it happens!
I actually heard about it from someone from SI who has since gone back to working for a living instead of trading stocks, so much for his advise.
Long shots can be fun sometimes
Phil