Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Spark who wrote (18339)	7/25/1999 2:22:00 PM
From: Jim B	Read Replies (2) of 25711

re: STRU; might be as much as 100million.. not sure.. have to look at 3 things: 1) is the stock capable of making gains or is the float too large to move it 1a) Stock moved up 91% friday on only 17million shares traded.. so if the float is that high.. it must be held pretty tightly 2) what is the price of the stock? 20cents.. so $20million in the float.. 2a) again 17million (avg 15cents $2.55million) moved it up 91% so no problem there and chart shows last run went to 60cents 3) What's the company worth? 3a) Go read the STRU thread here on SI along with RB.. then decide. What would you think a technology is worth that can reduce the fat and health of pigs to near manufactured perfectness while the rest of the world's pig market is being shut down as thousands of farms cannot get their pig's fat content under 20% It's truly a story I laughed at all this year.. finally am doing some DD and I'm not laughing anymore.. instead, I'm buying. jim

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