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Microcap & Penny Stocks : Simtek Corporation
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To: NAG1 who wrote (2535)8/14/2007 10:35:14 AM
From: Crony  Read Replies (1) of 2619
 
I was so excited to see the latest purchase of 29000 shares that I didn't even looked down to see other purchases.

It is clear that Crestview considers the current price to be a bargain. The only question is if they know something (ex. the orders picked up significantly) or do they just keep believing in long term story. The next year projection is to make $0.25 which means at least $10 stock price. This would be 100% gain within 12-18 period which is great. They must be thinking that nothing can prevent the company from hitting the projections. And I hope they do a lot of research before spending half a million dollars on a small cap (risky) stock. Especially since the company was supposed to hit those projections this year.
In any case this is a positive sign.
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