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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Know Genius who wrote (7313)	3/24/1999 11:20:00 PM
From: surelock	Read Replies (1) \| Respond to of 18998

>>I am looking at a stock which is trading at 1/100 of the market cap. Specifically >>Image Power (VSE:IPZ)http://quote.yahoo.com/q?s=IPZ.V&d=t >>There are 23 million shares out and I believe the float is under 3 million shares but I >>am not sure. Well, I am sure. Just about EVERY share is in the float. In fact, this company tried to do a rollback at their last annual meeting, and it was defeated!!! Does that tell you anything? Now that they might get some attention from U.S. investors, who knows, but I can tell that you there will be massive selling from Canadians who have been stung, and there are a ton of $.16 warrants that will also hit the market. SH