SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ENZH up 40% today -- Ignore unavailable to you. Want to Upgrade?


To: Fritz who wrote (171)2/8/1999 1:27:00 PM
From: Michael E. Baldino  Read Replies (1) | Respond to of 235
 
Well, It would be nice for all those in under .01 but my realtime data shows this volume as being generated by 60 trades..this does not constitute a "run" in my opinion.
Now, I also do not like the fact that 4+ million shares traded and the stock is still below .01 this tells me "Big float city".
It would be one thing if we had some real information on this company and a reputable news release. IMO, this stock is being hyped on raging bull and I have yet to read a credible post.
however, I find it very fishy that three companies can occupy the same address within a year and a half and no one ever heard of them when you call. I am sure that If there is a reverse merger, that a symbol change would take place (most cases) and if there is a large float, a reverse split. well I would prefer to buy this stock at .05 or even .10 .....that would show me that there must be some real meat to this rumor.....right now I smell PUMP AND DUMP and I need to see some real information....a phone number....anything that confirm that this rumor is credible.
folks I have no more time to spend on this today but I suggest going to the nasdaq site and see if there is any data about the pre-requisites of taking over a defunct companies stock symbol or any laws about public disclosure of such an act.