Then check out Iemi (IEME)This is a clean shell that states that they are actively seeking a merger. This could run like PCRC and SFII currently are. I am playing IEME, PCRC, SFII, and FCAHF.
My goal is to ride the runs and take a profit, but leave a couple hundred in each in case one takes off to the moon. I figure I have better odds with 4. A small amount of cash = lots of money if only one hits.
Has anyone been succesfull with this type of strategy? Of course these are gambles, but alot better odds than Vegas.
Quotes as of Wed Jan 28 2004:
Iemi (IEME)
Last 0.0012
Open 0.0005 Close 0.0006 Change 0.0006
High 0.0013 Low 0.0005 % Change 100.00
Volume 51746620 Last Size 220000
Safetek Intl Inc New (SFII)
Last 0.0025
Open 0.002 Close 0.0019 Change 0.0006
High 0.0035 Low 0.0019 % Change 31.58
Volume 111832998
Prime Capital Res Inc (PCRC)
Last 0.003
Open 0.003 Close 0.0026 Change 0.0004
High 0.003 Low 0.0022 % Change 15.38
Volume 23294333
First Cn Amer Hldg Corp (FCAHF)
Last 0.0003
Open Close 0.0003 Change 0.00
High 0.0003 Low 0.0002 % Change 0.00
Volume 15265000
I'd like to hear any coments on shells in general, since these are my first plays.
Also would like to hear any other shell recomendations.
[This message has been edited by nitroburn (edited January 29, 2004).]