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Microcap & Penny Stocks : BHQU-Brake Headquarters -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Konrad who wrote (6)3/20/1999 3:10:00 PM
From: Ron Mgrublian  Read Replies (3) | Respond to of 35
 
>I still can't believe that the stock that sold 300k+ shares on Wednesday is worth 1 and two days later
its worth half as much. Looks like an opportunity to me.<

Jeff the fact is a BB stock is worth a whole lot less than a NASDAQ stock. Lets face it, these guys are irresponsible boneheads. Then again I knew I wasn't getting Microsoft @ 1 dollar a share.

Hopefully Brake Headquarters will work to get listed again. Meanwhile, I found this post on Yahoo that sounds promising.

***

went to a meeting with the company on Wednesday night which was attended by about 30 people
and 25 of those being brokers.

He said they were all fired up over the presentation that they all planned on buying on Thursday.
When arriving to work Thursday morning there was a faxed copy from the NASDAC saying that
they were going to delist the company.

The ruling supposed was that they had to trade 10 consecutive days $1 or over. He claims they did
indeed trade 12 consecutive days. I'll post again when I find out further information.

Highlight of the meeting that BHQU or whatever the symbol is on Monday or whatever is going to
be $.27 earnings for the year. Translation P.E. 10 x .27 = $2.70, 15 x .27 = $4.05 or 20 x .27 =
$5.40. I guess I'll be a long term investor along with you. I orginally bought the stock for a max
of 2 months.

messages.yahoo.com@m2.yahoo.com



To: Jeff Konrad who wrote (6)3/20/1999 3:27:00 PM
From: Rollcast...  Read Replies (1) | Respond to of 35
 
My ask showed no lower than 27/32 all day. I think any volume in this 1 should tighten that spread back up.

I would'nt mind getting some at .50 - even if the end up stuck on the BB.

good luck