2 MM FLOAT $4 NASDAQ SUPERSTOCK $17 IN 2004
November is the best month for small float stocks as Institutions who sold before October 31 year end buyback shares. In November 2004 GOAM WENT FROM $2.50 TO $10 + IN SIX TRADING DAYS. GOAM IS SET TO GO TO DOUBLE DIGITS AGAIN FOR THE FOLLWOING REASONS:
1)GOAM will announce Video Relay Service (VRS) startup any day. This will be HUGE news, bigger than offering of relay service on AOL in 2005 which caused GOAM to go over $7 ++
2) GOAM has a tiny 2.2 MM float
3) GOAM is posting far better financial results than when it went to $10 + in 2004.
4) GOAM is heading into its strongest seasonal quarter, Q4. GOAM was essentially cash flow breakeven last quarter and should be ready to guide for PROFIT in Q4 2006 and 2007.
5) A top hedge fund, Blue horse shoe said on Wall Street GOAM is one of its top picks.
6) GOAM's billed minutes and sales revenue will continue to rise exponentially with the increased service offerings for handheld devices (Blackberry) and video relay services. With GOAM's fixed cost structure and tiny 2.3 MM share count, the earnings leverage to increasing sales is ENORMOUS. GOAM could earn $1 per share in 1 - 2 years. The markets are FORWARD LOOKING, so GOAM share price will continue to rise in anticipation of the imminent profits. GOAM can move VERY FAST ($2.50 to $17 in 2004).
In addition GOAM should announce the commencent of its Video Relay service very soon. There isn't a more exciting, fundamentally sound low float play out there IMO.
AI
