A Good Buy for $0.20 Message Board

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Microcap & Penny Stocks : A Good Buy for $0.20

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To: Black Rose who wrote ()	3/3/1999 12:38:00 PM
From: Paul Berliner	of 81

Why don't you people just run a screen for crissakes??!! Like this: screening.nasdaq-amex.com go to the price box and enter .20 under 'maximum', then start search. There are screening tools on several different sites on the web: marketguide.com word to the wise (and unwise): just because a stock is under $5 doesn't mean its cheap or 'developing' - some may very well even have earnings already - the main factor is the number of shares outstanding. A tiny company may have earned $1 Million dollars in the most recent Q, but that only translates into .01 a share of their are 100,000,000 shares outstanding, which is too high a number for a company with only $1M in earnings. So the shares are thus only worth chump change as a consequence.

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