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Microcap & Penny Stocks : PELT
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To: Bob Frey who wrote (38)9/27/1996 10:19:00 PM
From: William Harvey   of 78
 
Bob,
One thing is sure and that is the stock hasn't reacted nervously to the impending release of the 10-QSB. A stock that travels in a narrow band is a sure sign that it's picking up strength. When the volatility drops to an all-time low as it has here the stock is ready to rally. I think it's also sign that there is security to this security. I'll bet they release the quarterly report on the first day of October, the first day of the quarter. It would give the big boys a chance to play.
Bill
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