Does anyone have any opinions on this company? It's the only stock
I've ever bought on a "tip" and of course I've lost my shirt. I will
probably go ahead and sell soon for a tax loss this year since I have
so many other gains to offset. But there are actually good noises
coming out of this company now, it will soon have real revenues, it
has huge tax-loss carryforwards, and the price action and volume
have been behaving better lately. I wonder if '97 could see this
stock back in the $3-5 range. Big problem is dilution. They've
been doing private placements to get the capital to keep going so the
actual float is probably much greater than what is reported. Any
other comments will be appreciated. |
