Alkane Inc (ALKN)

[DueDillinger]

(off topic) from spain- Are you familiar with Spantel over there? It's an upstart telcom company and ISP--one of a number of 'em that emerged when Spain de-nationalized it's phone service.

It trades as SPAL on the OTCBB and it was completely strange today. It was .23/.25 then it totally crashed on a single 45k sale @ .11, but bargain hunters jumped in on the suddenly low price and bought it up to nearly where it started. The company's books don't look bad--one of the few profitable pennies. You could easily value it at around .50 but it's been trading low. I've been in and out of it a few times. Missed today's bargain price so I'm out presently. It's tricky because it trades quite thinly most of the time. Like I said, today was strange. Oh, the downside of Spantel is that Adnan Khashoggi, (yes, the infamous arms merchant) is a major shareholder.

[Sorry, diamond dudes, for the international interlude. I suppose this could have been a PM, but it's an interesting story. I don't mind if from_spain replies via PM.]