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Re: retiredcoach post# 4193

Friday, 10/20/2006 12:07:21 PM

Friday, October 20, 2006 12:07:21 PM

Post# of 19921
coach, I assume you have been trading for a while and have some experience. What does that experience tell you when you see an announcement like this? 99 times out of 100 it's a reverse merger. There is no DD to do, you go by your gut feeling and experience. Jmcp isn't going to tell you in a phone call. Shares of JMCP will be exchanged for shares of the new onyi company. At around .50 a share you will get 1 share of the new company for every 5,000 JMCP shares. Getting out of a stock is the hard thing to do, getting back in is easy. You never hold a stock for loyalty reasons, you do so because it's a good investment. Right now, you have a ton of red flags. I may be wrong, but I doubt it. Either this scenerio or something similar will happen, there's no other reason to do what JMCP is doing. This is a daily occurence with pinkies. I can always buy back in later.