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Microcap & Penny Stocks : Rollins Environmental (REN)
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To: David G. Beal who wrote ()11/4/1996 7:25:00 PM
From: marquis103   of 54
 
I owned this stock once about two years ago and sold it for essentially break even. I've followed them casually since then trying to convince myself that the stock was a good value. However, they have had several quarters of significant losses. I'm not great at interpreting the numbers, but looking at their financial performance on the Wall Street Journal Briefing Books, it seems their debt is still also significant. That said, about six months ago, analyst Frank Curzio was on CNBC and advised a caller that they could buy the stock and put it away for a couple of years and probably double their money. Therefore, it would seem it might be too early to jump back in. If anyone has significant input as to changing company fundamentals, I'd be more than happy to listen.
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