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Microcap & Penny Stocks : Eat At Joe's (BB:JOES)

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To: Bill Evans who wrote (280)6/30/1999 1:46:00 PM
From: BlueCheap  Read Replies (1) of 343
 
(JOES) backed off & appears to have found Support again at the $.50
level after having a nice run for a 60% gain from .45 cents, to .74 cents.
JOES appears to have strong support at this $.50 cent level and the potential to rebound quickly, possibly to set a higher base of perhaps the .70 range. If JOES can set a new base and then an attempt at breaking through the $1.00 resistance. In my opinion, A closing Bid price above $1.00 would make JOES attractive to the investment community who may already be on the side line and watching to see.
JOES seems to be a good trading stock and one that an investor might want to hold a CORE position in. I like what I see in JOES well enough that I was buying more at $.50 cents, in order to build that core position.

Regards,
Malcolm
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