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[QUOTE]Originally posted by STAR GAZER: [QB] Eyep, Ima still aholding them thar shares. By the time I freed myself from work, the price had gone from .0039 to .0022 and then started edging up slightly. Last night after the market closed, I had debated putting in a day order for today to sell at .0036 which would have covered the cost of buy/sell commissions and left me even, but I still remember the climb that the stock had way back before the 400:1 split, when they announced their possible merger with Genesis Electronics. People were so happy that they were getting out of the rural high speed market and possibly merging with a company that would give them a positive cash flow, that the stock climbed for several days and eventually reached .0042 from a low of .0006. .0042 may not sound like much, but remember that it was a pre-split price and that would translate into a price today of $1.68 vs our close of .0025 And the company is just as strong today as it was then. If this present merger actually goes through, then it will be even stronger. We had large volumes on the uprise back then. If, every thing fell into place and the stock started rising, and if it reached to the dollar range or higher, institutions would be allowed to buy the stock, plus the company could apply for an American Stock Exchange listing. If it just went to $1.50 from .0025, then $1,000 would end up being worth $600,000 Sucks, with that kind of money I could afford a steak dinner at Ruth's Crisp Steak House, and even throw in going to a movie afterward. In the mean time, this stock has a history of going down, way down, between announcements, so it may continue dropping. On the other hand, if the principles involved become convinced that the merger is going to go through, they might start buying shares for themselves and family members and the price could start climbing. If it does start climbing, against all the previous history of falling after an announcement, then something may be in the works. [/QB][/QUOTE]
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