SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : BYX- Bayou Steel

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jayne Furman who wrote (25)1/7/1998 12:07:00 AM
From: Gary C. Kennedy  Read Replies (1) of 101
 
When a stock has a IPO of $13 like BYX there is always year end tax selling. If BYX has earnings of $.18 for the quarter you will see the stock between $4 and $5 in my opinion and first quaarter earnings over $.25 will bring it up to the $6 to $7 area.

Unless the economy or steel go real south this will be a fantastic year for BYX.

I think the analyst perdiction of $.52 for the year is very low and BYX could earn twice that amount. Remember they pay little or no taxes and spent over $.65 a share on legal fees last year. The legal fees should be ellimated this year and there backlog is way up and natural gas prices are way down. It is a steal of a steel company.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext