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Re: bobkubecka post# 1438

Monday, 08/25/2003 2:27:36 PM

Monday, August 25, 2003 2:27:36 PM

Post# of 7045
bob, re SFXCE.........
JMHO, but unless you have some insider knowledge of some upcoming event, I don't see how you can make money with this stock......long or short.

I just took a quick look at it..... the company is making no money and, if fact, has huge, continuing losses.
It appears that they have been staying alive by issuing shares.
The current OS is 100.6M and over half of that was issued in the past year.

The stock is very lightly traded and although the PPS has shown a slight increase over the last year, the chart now shows it either running flat or falling off.

The E on the symbol is supposed to mean they have been non-complient with the required SEC filings and, from the time the E was attached, have 30-days to comply or be delisted.(but, extensions on the time limit can be requested from the SEC)
In this case, the company received the E on April 22, 03 and, although there have been filings, the E is still there.

As always, an investment decision lies in the hands of the person who lays down the money.
good luck


"Aim low Sheriff...They're ride'n snakes"
as usual...JMHO..SMD

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