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Microcap & Penny Stocks : APA optics...APAT...very interesting..any thoughts.......

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To: golfinggramps who wrote (240)11/30/1997 12:19:00 PM
From: ed doell  Read Replies (1) of 342
 
I did some more research on APAT over the weekend.

IMHO, shorting this company is an unattractive idea for all of the reasons I stated before. Everything about it, particularly the $8 support level and the low volume, makes it unattractive.

I fully understand the fundamental picture as its presently constituted, and appreciate the analysis which leads to the conclusion that it would be a worthy short candidate...but I feel that will be put to the wayside when production and markets kick in. Of course, a vigorous sales team goes without saying...

It's mostly a gut feeling...

Ed
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