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Microcap & Penny Stocks : GROS- Grossman's: A $.70 value play

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To: Sam Miller who wrote (125)5/11/1997 3:09:00 PM
From: Ron logo   of 174
 
Yes it is still high risk, along with most companies trading in this price range. The risk to reward at these levels is what one should pay close attention to. This stock will reach the $1.00 mark again. This company was trading at higher levels before they even had a plan for reorginization. Now they have a plan with a people on the board that have large vested interests in the company surviving and thriving.(little rhyme there.) Anyway I feel this is the best time to buy, downside risk at these levels is very minimal. I'll be buying while it is still cheap. Good luck to all in gros......Ron
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