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Microcap & Penny Stocks : Mortgage Bankers Holding Corp (MBHC)

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To: dangergirl who wrote (1222)3/8/2000 11:08:00 PM
From: bruceski   of 1241
 
Dangergirl. There was a PR today that set a short term target of $3. I personally think it is worth more than that. I know you don't typically do OTCBB so for a company to receive $20 million is a huge deal. Also, not many OTCBB trading at these levels will be profitable. Pennies are very funny animals and can run like hell to outrageous levels for no reason. MBHC has all the reasons. I don't think that the management came aborad for $3 a share. They have stated openly that they fully expect to be NASDAQ this year. Right now only price and SEC filings are holding them back.
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