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Re: arbpro post# 4852

Saturday, 07/23/2005 1:01:43 PM

Saturday, July 23, 2005 1:01:43 PM

Post# of 10735
Why would a stock that doesn't have operations or good fundamentals want to be purchased or traded? It's just a shell company that happens to have BB status, that's it. They have all the proper filings in place and are looking to purchase or merge with an existing operation. Many companies are like this, some are actively traded, and others are never traded. Probably on the day of the trasaction, somebody that is familiar with NWAU bought GEIV in hopes of a run-up. It probably hadn't been traded, and had the ask at $6.10 because of the merger, so someone bought. After the merger is complete, won't this stock be valued at around $6? I think so... You shouldn't look too deep into 100 shares anyway....LOL I'm sure the stock only has insider transactions, but no public investors would take that risk. Plus, you can price a stock at whatever you want, but it doesn't mean someone will buy it. If someone does, more power to them. As far as the other more detailed information goes, you should contact the SEC or other professionals, but I can tell you this much: It's Not a Scam. There has been way too much publicity and information released for this to be fraudelant, that isn't even a question at this point. LOL

Now...how do I put you on ignore? Maddog, can you have more than 5 ignores somehow w/o paying to be a member?


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