Thread View: cna.stock.foreign
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Started by Jerry Dibble
Tue, 11 Apr 2000 00:00
PWTD up 45% and going higher...read this:
Author: Jerry Dibble
Date: Tue, 11 Apr 2000 00:00
Date: Tue, 11 Apr 2000 00:00
28 lines
2078 bytes
2078 bytes
News: PowerTrader, Inc. Stock Symbol: PWTD Share Price: $0.51 for a 46% GAIN TODAY! TARGET: $5.00 TO $ 7.50 SHORT TERM! Business: POWER TRADER - INTERNET BROKERAGE SOFTWARE The Company: Undiscovered company owned by FMC. Shares are being accumulated by insiders and Brokerage companies in anticipation of major news. Former CEO of PowerTrader wrote: You might want to do some research into www.fmco.com and see that this company (70% stock holder in PowerTrader and control of the board of PWTD) trades at $10 on Toronto. The Chairman is Bill Waters, Dean of Business at University of Toronto. FMC sells its technology into the financial markets and has 250 of the worlds largest banks and Investment firms as its clients. FMC is actually buying back its own stock via an open tender offer. For your further information I am the former CEO of PWTD and sold all of my stock at a penny to make the deal happen. (smaller piece of big pie with more capable management.) I had to go back into the market after the deal was done to regain my position and I am not about to start selling out in the near future. I don't think the smart money has even been invited to the table at this point. I believe that FMC will qualify PWTD on the Small Cap before the end of 2000. (Note: In other words, PWTD has upside to $5 and as the Brokerage and Institutional investors take positions, the upside is $10 +).
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