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Microcap & Penny Stocks : Razor's Edge Stocks

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To: Tom Hofmann who wrote (303)6/30/1999 12:01:00 PM
From: BlueCheap  Read Replies (1) of 393
 
Eat At Joe's (JOES)now backed off & appears to have found Support again at the $.50 level after having a nice 60% gain. Two weeks ago JOES was at .45 cents, moved up on Friday and on Monday the stock shot to .74 cents.
JOES looks to have strong support at this $.50 cent level and the potential to rebound quickly and set a higher base., perhaps in the .60 to .70 range before a possible attempt at breaking through the $1.00 resistance.
JOES seems to be a good trading stock and one that an investor might want to hold a CORE position in. This is the strategy I plan to use and I like JOES at $.50 cents.

Regards,
Malcolm
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