Arcon Energy .... Another Sleeper Message Board

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Microcap & Penny Stocks : Arcon Energy .... Another Sleeper

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To: Binder who wrote (172)	1/31/1998 10:37:00 AM
From: Ga Bard	Read Replies (1) of 626

Ok the 8 is the multipler that is an industry standard for calculating where the stock should be. Some us 5 some 10 I like 8 because it makes it easier to calculate these pennies and some how forcast where they should go over the next year. 12 months divided by 8 is 45 days... Now that means that this stock should grow by its book value every 45 days. Since it is 5 days old it has 40 more days to make it $5.00. Now unless they shoot themselves in the foot this is where it will be. Also in 90 days this stock should be around $10.00 so forth and so on. Proper news releases informing the investment community of its progression on the business plan is the biggest shot in the foot. Another words serving up the meat and potatoes. Hey it is better than touting speculation at least you have a math you can always back up your reasoning with. Happy Trading GB DD 456580c / 10522p

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