Churchill (CUQ), PE of 3! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Churchill (CUQ), PE of 3!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Far Side who wrote (242)	5/2/2000 2:58:00 PM
From: speculatingvalue	Read Replies (1) of 264

70,000 shares so far, can't complain... I am intrigued by their acquisition strategy - if they issue up to 100% more shares for acquistions and mergers, it should mean the company will double in size in a short period of time. That's the kind of news that gets the market excited. This is the calm before the storm. This is the time to accumulate as it will be difficult once it runs. It is trading below book value ($1.86) which is very unusual. The float is tiny, so when the buying comes in, the price should move. My guess is that the selling we have seen is insiders issued .20 options a couple years ago. The report shows that a lot of options have been exercised meaning there isn't a lot of selling pressure left.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next