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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 238.47+1.2%11:20 AM EST

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To: Mac who wrote (12401)7/14/1999 12:49:00 PM
From: RCJIII  Read Replies (1) of 52051
 
Mac, On NAMCW, the warrants don't expire for another 2 years and can be exercised at $6. I think they are one heck of a value.

Right now you are betting the stock will be over $7.40 within the next two years. I believe it will be significantly higher than that within the next two weeks. This stock has incredible strength. Even after the last three runups, the stock is not suffering a material decline. Whenever it dips, buying comes in.

Only 1.4 million warrants exist, the float is much smaller.

The common has only 3.3 million outstanding and only 2 million in the float.

I am still buying NAMCW.

RCJIII
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