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Microcap & Penny Stocks : bgix (biologix international ) -- Ignore unavailable to you. Want to Upgrade?


To: Bernie19 who wrote (326)4/4/1999 8:00:00 PM
From: Stephen  Read Replies (2) | Respond to of 498
 
Bernie19, essentially I believe this is just a shell company from which a few individuals 'earn' a living by pumping up the price then selling some shares into the market. Still ... there are many more shell companies that have reached a higher price than this ... and as long as someone else will buy shares for more than one paid oneself, it hardly matters. One caveat to that is that the stock price seems to be less reactive to news than before, so I guess a large number of people who have held shares or been involved with the stock for any length of time either won't touch it or if they still have shares, sell into strength. Doesn't mean its not a play ... just not something to hold onto longterm ......

With the exception of Mike G, I doubt people received their Musix spin-off shares ... I have only seen complaints ... no rebuffs ....

Stephen