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Microcap & Penny Stocks : GLBM expected to earn $.25 next year - A buy at $1.25

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To: strutech who wrote (907)9/9/1999 11:43:00 AM
From: LT  Read Replies (2) of 938
 
I don't understand why you would not expect the present price to hold????

The share price at time of reverse was about $1.66 which would make a even 5 to 1 reverse worth about $8.30 a share. At $12+ the stock is quite over valued and has no place to go but down. Settling in the $8.00 range eventually. This assuming no earth shaking news. I sold mine at 12 1/4. Look to buy it back in the low 8's.

Regards
LT
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