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Microcap & Penny Stocks : Razor's Edge Stocks
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To: BlueCheap who wrote (332)1/11/2000 2:43:00 PM
From: BlueCheap  Read Replies (1) of 393
 
3 Analysts following Acclaim Entertainment (AKLM). John G. Taylor at Arcadia Investment Corp has a quarterly estimate of $0.15. Lawrence F. Marcus at Deutsche Bank has a quarterly estimate of $0.17. Sean P. McGowan at Gerard Klauer Mattison & Co., Inc. has a quarterly estimate of $0.20. The average among these three analysts is $0.17, however, there is some expectation that this is a little low. The Earnings Whisper number is $0.18. Acclaim is expected to report earnings after the market closes today!

I Just bought back into (AKLM) at $4.75. Perhaps I made another good Buy, we'll see. IF AKLM meets Those Earnings estimates, I have no idea if that would move the stock price up or not. I've seen stocks go down on good earnings. I think PROMOTION is the KEY these days.

I'm just going on the conclusion that AKLM is WAY over sold. Especially since The CHEAP Investor recommended AKLM at $6.94 and we've heard nothing negative. Plus, I bought at $4.88 and already sold that for a profit a nice profit.

Now If these earnings are up to expectations, logically the stock should move back up. If AKLM comes in with better than estimates, then it could RUN past The CHEAP Investor's recommendation price of $6.94. The CHEAP Investor has an Excellent Track Record and I feel especially confident in BUYING when one of his takes a dive lower than recommended.
I know The CHEAP Investor cannot be right on every single stock but his record is by far THE BEST I ever heard of and I will continue to present that message to others because it is simple FACT.

Malcolm
BlueCheap
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