InvestorsHub Logo
Followers 111
Posts 10926
Boards Moderated 1
Alias Born 08/30/2005

Re: None

Tuesday, 08/21/2007 12:28:21 AM

Tuesday, August 21, 2007 12:28:21 AM

Post# of 11556
DTMG .....up 25% on huge volume today...from the yahoo message board
"Happy that DataMeg has aquired American Marketing & Sales for 15 million shares. What a great deal for DataMeg! Len Tocci said American Marketing had sales of 10 million for 2006 & will have sales of 12 to 12.5 million for 2007. He also said profit is 16 to 17%. Here are the numbers- DataMeg purchased a company that should have $2,000,000.00 in profit for 2007 for stock worth approx $500,000.00. Why would Len Tocci do this? If a Company has $2,000,000.00 in profits times 8 equals $16,000,000.00 value. What does Len Tocci know that he would sell his Company for so little when it clearly is worth much more? Even $1.00 a share value for DataMeg is not equal to American Marketing & Sales value. I repeat, what does Len Tocci know? If you read his history, he is very successful & knows how to make money. So what do you all think now? "
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.