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Microcap & Penny Stocks : CINEMASTAR LUXURY THEATERS (LUXY)

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To: Phil Chapman who wrote (2)4/23/1997 4:15:00 PM
From: Candle stick   of 85
 
BIG REVERSAL for LUXY today. WOW, low was 7/16 on big volume of over 300,000 shares and some big blocks were crossed down there.....that was the puke out. The close was 15/16. Whew! What a major relief, I really think this company is grossly undervalued and whatever was overhanging the stock is now out of the way.....we should see 2 dollars fairly quickly now that LUXY got the much needed short term financing......best of luck, looking for 5 dollars down the road on LUXY......;^)
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