Magnifique, thanks for the tip. I found the following at
'Pristine's Small Cap Review'
Quote:
Selvac Corp. (OTC-$6 7/8)
Selvac Corp. (SLVC) has catapulted over 35% since our
special buy recommended on Wednesday, May 1, 1996.
We issued this mid- week buy alert because we did not
want to run the risk of you missing out on what we perceived
to be an ideal buying opportunity, and SLVC's robust four
day rise is compelling proof that we made the right decision.
While we do intend to continue issuing the bulk of our buy
recommendations on Tuesdays, please keep in mind that
we will always consider providing special intra-week buy
alerts on stocks that we feel must be acted on immediately.
Below, you will find background information on SLVC.
Selvac Corp. (SLVC) manufactures and markets appliances
and machines utilizing a patented hair removal/non-aerosol
system. The company employs only 5 people, is located at
221 Boston Post Road, Suite 490, Marlboro, MA 01752, and
has a market capitalization of $84.53 million. Shares
outstanding are currently at 14 million and the float
(shares not closely held) is a relatively small 9 million. We
are unaware of any Wall Street analyst covering SLVC. The
contact for the company is Paul W. Hartloff, Jr., Secy.
Insiders own 36.1% of SLVC, and they have been adding to
their already big ownership condition. What's more, institutions
(mutual funds, hedge funds, pension funds and banks) have
been aggressively snapping of the shares of SLVC. Two
quarters ago, only 2 institutional purchases were made. Last
quarter, 284 institutional purchases were made without a single
sale. Needless to say, this is a tremendous amount of sudden
interest, and it is being reflected in the company's volume (see
chart on page 3) and the stocks powerful performance. We
will look for a 100% to 150% rise over the next 5 months.
Please Note: 30% of that rise has already occurred.
Current Recommendation: BOUGHT 5/1/96
UnQuote
Carl |
