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Microcap & Penny Stocks : Classic Golf Corporation (CSGC)

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To: Needticker who wrote (36)3/11/1998 11:15:00 PM
From: David Sirk  Read Replies (3) of 904
 
Hi Folks! I'm taking advantage of Si's one month free program. I have been reading posts on this board for sometime and now I get a chance to respond. I bought into ACCY{Csgc}At .19 in November. Sold for.28 bought into Netz than sold and doubled my position in CSGC.I always felt this stock had the potential to hit a dollar or perhaps 2 by April 1. My reasoning is based on the fact that golf is red hot and people would love to own a part of the action. I was very concerned when Ben Crenshaw backed out of the first tourney. I was afraid that they would postpone once again and the stock would be trading in the .10 range. Low and behold we are here in March and the tournament is a GO. Even though the majority of the players so far are not household names, it looks like they should create an interesting field. As long as this tournament takes place we should be heading for the.60 range easy!. Now if the two remaining slots are Arnold Palmer and Lee Travino then perhaps my lofty expectations shall be realized. At this point in our investment, Finacials are not the issue. The quality of the first tournament and the attention it receives is the primary factor in getting to that 1.00 to 2.00 range. If everyone has a good time there will be allot of rich middle aged golfers willing to pony up a few bucks to insure it's success. Any thought's?
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