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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (2207)5/23/1999 11:12:00 AM
From: T. Ambrose  Respond to of 4766
 
Re: filing w/SEC

Rande, thank-you for your feedback to my previous question.

So when a new, legitimate company files with the SEC, the first thing you see is a quarterly or annual report, right? Not some official "application" for filing status.

I was thinking that maybe there was a form that they filed to the SEC that said basically "this is who we are, what we do, and what our intentions are" (or something along those lines.)

A company I have been following is TOCK (no intention on investing in, non-reporting out of Vancouver) made this statement in a news release:

"...today announced that the company has retained counsel in California to prepare the filing of a Registration Statement with the Securities Exchange Commission (SEC) with a view to becoming a Reporting Issuer."

I'm trying to fine-tune my scammy radar, and that's what has me asking all these questions (not that I'm saying TOCK isn't legit, they just seem questionable IMO)



To: Rande Is who wrote (2207)5/23/1999 11:41:00 PM
From: Rande Is  Read Replies (1) | Respond to of 4766
 
WORD OF CAUTION on FHCI. . . ."P and D Du Jour". . . .

I must have received a half dozen newletter "recommendations" on FHCI
this weekend. Appears to be getting hyped all over SI as well. .
.The word is "buy and hold", which is code for "pump and dump."

Looks like one of the weekly P and D specials. . .by a group that does
this sort of thing several times EACH AND EVERY week here on SI and
are quite effective albeit ILLEGAL.

Remember on these tiny Pump and Dumps, there are many that bought it
REALLY low. . .and they bought MILLIONS of shares. . .probably under
a penny. . .so the PUMP is occuring now. .later they will DUMP into
the buying over the next few days. . . while news is "expected" for
mid-week. . .though don't COUNT on it. . . it is probably a lie. . .so
typical and predictable.

This is one sort of stock that I "preach" about avoiding here on the
Fishing thread. There could be 2.5 to 3 million shares ready
to be sold on this one into the buying over the next few days.

For those here with offshore or Canadian accounts, this appears to be
a great short candidate. I would be watching the most known P and
Drs here on SI very closely. . . when they stop their pumping, that is
usually the top. I may scalp some gains from it if it rises thru the week
. . .It is, after all, a Health Related Internet. . .but I won't
be holding longer than a matter of minutes. . ..035 to .055 should be
about right.

For anyone already in this stock. . . here is an eyeopening view of
the historical quotes, compliments of AOL:

FUTURE HEALTHCARE INC

Prices Available: 10/23/92 through 05/21/99

Ticker: FHCI

Date Volume High/Ask Low/Bid Close
-------- ---------- ---------- ---------- ----------
04/05/99 500 0 0 0
04/06/99 1,000 0 0 0
04/07/99 200 0 0 0
04/12/99 400 0 0 0
04/19/99 19,000 0 0 0
04/21/99 60,000 0 0 0
04/22/99 125,000 0 0 0
04/23/99 2,500 0 0 0
04/30/99 23,500 0 0 0
05/04/99 12,800 0 0 0
05/06/99 33,800 0 0 0
05/10/99 80,000 0 0 0
05/11/99 2,426,400 0 1/16 0 0 1/16
05/12/99 133,200 0.03 0 0
05/13/99 175,000 0.02 0 0
05/14/99 2,000 0 0 0
05/17/99 133,600 0.03 0 0.03
05/18/99 27,000 0.03 0.03 0.03
05/20/99 30,000 0.02 0.02 0.02
05/21/99 138,200 0 1/16 0.02 0 1/16

See anything "out of the ordinary" here?

<smirk> Seen it a hundred times.

Rande Is