I agree that we need to differentiate hype from reality re.any stock, including those touted by Future Superstock and others.
However, regarding nhmcf, with earnings coming out soon (apparently, tomorrow for '97 and in November for 1st quarter '98, according to their IR dept.), we will see whether top-line revenue growth continues to be on as an impressive rate as before. In addition, it would be nice to see the company moving toward making a profit in the near future, although I understand they made some acquisitions recently.It would indeed be impressive for such a young start-up company, albeit with advanced technology, to start being profitable with high revenue growth rate at this early stage of its development.
I also learned that nhmcf has been aggressively presenting itself to the investment community, having an on-site/open house presentation in Winnipeg recently with a number of analysts/brokerage house types. Is it possible that these MM types are now quietly accumulating shares prior to earnings and imminent announcements regarding deals made by nhmcf?
If the above are true, particularly earnings/revenue growth, then the stock price of this company will definitely take off. With a couple of buy ratings from the aforementioned analysts, who knows how high it can go.
I am still very bullish, awaiting earnings/news (have been long in this company for around a year)
Who knows, with all the stocks Bruss touted, he may get lucky and be right on this one ! |
