I think the future superstock may have had something to do with today's action, check this out :
The Future Superstock is proud the bring you the latest news release by Dawson Science Corporation. Dawson Science Corporation, ticker symbol DWSC, released news today that outlined their projected earnings for the next 18 months.
For the present quarter, July 1st, 1997 to September 30th, 1997, Dawson Science expects to earn $0.20 per share or $3.0 million. For the next quarter, October 1, 1997 to December 31, 1997, Dawson Science expects to earn $0.30 per share or $6 million. This would bring Dawson Science Corporation's net profits up to $9.0 million for the last 6 months of 1997.
In addition to their 1997 numbers, the Company released further news that Dawson Science Corporation expects to earn $50.0 million for 1998. This growth rate has been made possible by the key licenses that Dawson has acquired by the Chinese government over the past few months. (Please review Dawson's recent news releases for further information.)
After we emailed you our report on Dawson Science the stock shot up to trade as high as $10.625 per share for a huge capital gain. As of this writing, Dawson Science last traded at $9.50 per share. In addition to the news released by Dawson today, we have been informed by Dawson that company representatives have been meeting with major investment banks in New York City over the past month and we expect significant news within the next 5 to 7 trading days. Mr. Wu, Dawson's President and CEO, stated "The response from the American investment community, particularly in New York, has been overwhelming. These projections will be met with their assistance in funding."
We will bring you that news as soon as it becomes available. Please note that Dawson has ordered an additional fleet of 5000 vehicles with 1200 set to be delivered immediately. The additional 3800 vehicles are being built and are scheduled for delivery this coming fall. As stated previously, this additional fleet of 5000 vehicles will allow Dawson to earn in excess of $50.0 million per year in net profits.
We anticipate a wild ride for Dawson Science shareholders over the next few months. The following news release was issued today by Dawson Science:
$50.0 million per year for 5000 vehicles?? Anyone ever check on this future superstock? Seems as though they have such a nice opportunity to hype stocks like this, I wonder how legit they are..
Fred |
