SI
SI
discoversearch

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.
Microcap & Penny Stocks : INNOVO (INNO)
INNO 0.0790-21.0%Jan 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Del Eastham who wrote (288)10/14/1996 2:48:00 PM
From: John   of 4179
 
Thanks for the information, Del. However, this "news" is not new. Of course sales are up. Sales America wide are up on about everything. Earnings are going to be NEGATIVE again though. That has already been insinuated long ago in a press release. I wouldn't buy this stock until AFTER the earnings report. Then, you may be able to get the stock a lot cheaper, like 9/32 or less. Next year, during the 2Q timeframe (April 97) is when INNO insinuates it MAY finally be profitable. A lot of uncertainty with this one. Big risk here. That's why the risk/reward ratio is so high with penny stocks I suppose. Gotta take chances to make a dollar. Brilliant revelations, I know, I know! ;) Thanks for the info, Del. Good luck.

John

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext