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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: purecntry5 who wrote (13148)3/9/1999 11:16:00 PM
From: Jon Scott  Respond to of 25711
 
Looks like 8 lucky guys just picked up 6.66 million shares @ .15 cents last Friday for $150,000 down payment.
They just made over $7,000,000 in a few short days with $150,000 cash.
Not bad!! Except for the other shareholders who are paying $1 plus today to finance this.
8 persons put out $18,500 each that is now worth about $900,000
They can now pay off the $850k promissary note($106k each) and walk away with almost $800,000 each, on paper right now.