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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB)
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To: flightlessbird who wrote (936)2/7/1998 12:23:00 AM
From: Larry Brubaker  Read Replies (1) of 1574
 
flightlessbird:

You say the company may release good news next week that would justify the runup, and then some.

I say there is no news the company could release next week that justifies the hype it has received on this thread. The best the company could announce next week is that they have players and sponsors. While that would certainly be good news, it would not justify the $2 per share valuation that has been hyped on this thread.

If everything goes right for this company; it pulls off three tournaments and earns every penny it projects, it is still arguably not a $2 stock even AFTER it has proven itself. It certainly is not a $2 stock BEFORE it proves itself.

Doesn't mean it won't get to $2 before it proves itself. But if it does, it is not likely to stay there until AFTER it puts on 3 tournaments AND earns the profits it projects.
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