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Microcap & Penny Stocks : Novon International Churchill Tech (CHUR) -- Ignore unavailable to you. Want to Upgrade?


To: K. Walton who wrote (1364)5/26/1999 10:33:00 PM
From: golden_tee   Read Replies (1) | Respond to of 1409
 
I didn't believe it myself when I posted this information. Looks like it is #2 or #3. Someone is acquiring a large amount for some reason. I admit to having bought more @ $.013 just because I KNOW someone knows something and is accumulating. Nice quick double. They were buying today up to $.035, and they clearly know that it is worth more than that. As to day traders? No way, not a stock at these prices. We are headed higher. When will we find out why?
Post #1319
<<Hey guys! I did hear from a contact from the good old days... who will remain unnamed. The stock, believe it or not, may be headed for the $.02 - $ .05 range due to existing assets. I don't know if assets refer to the old oil and gas business or the ticker symbol itself. The buying is apparently for a reason. No one seems to know why is has continued to trade. Notice the $.007 ask today? It's been a while since we've seen any activity like this. Theories:
1) Final liquidation
2) Buyout of the stock symbol via a reverse merger i.e. We will get shares in some new company looking for a listing
3) A new business venture by Downie under this ticker
Any other guesses?>>