Madera International - Symbol WOOD Message Board

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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: James Randall Ingram who wrote (1848)	8/11/1999 7:13:00 AM
From: David T. Groves	Read Replies (1) of 1979

Looking at the chart, This is the fourth time snce January 1st that this stock could be bought for under $.10. On the previous three occasions, it could have been sold within a month for a 50% gain. To me that is a GREAT trading stock! That is why we have so many bashers coming in. they want to get the lowest price possible. You ARE supposed to buy low and sell high after all. As far as being late with the financials for the year, they have already stated in the extension filing what their earnings were. My only question is was that the diluted number? with that number, they are selling at a PE of under 7!!! What are the chances that this stock will go up 50% from this level a 4th time? They WILL file. Last years 1st quarter earnings were $.003, they have said they will have a good 1st quarter. Will they beat that? That filing SHOULD come on the heels of the 10ksb. A 10 PE with $.013 in earnings is $.13 share price. Can you say 50% gain? Good short term, good long term. Dave

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