InvestorsHub Logo
Followers 12
Posts 1223
Boards Moderated 1
Alias Born 07/15/2006

Re: banchrima post# 2869

Friday, 11/24/2006 9:44:48 PM

Friday, November 24, 2006 9:44:48 PM

Post# of 49484
You have a point. Besides, there was a gapper today before the PR. Meaning that someone had insider info and bought before the news. Check out the 6.5mil shares before close today. This might retreat some after the day-traders have sold off on Monday IMO. However, I like the revenue potential and expected income this coming Q. I know this one is undervalued too, just like SFNN. This stock should be trading at 0.039 by now (900,000/350,000,000 = 0.0025 x 15). Hope I can get it at .01 next week because gappers must come down to fill the gap. Also, the valuation should be done using 500mil shares because the dividends will be part of the O/S after the divy.