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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!
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To: Derek Owens who wrote (1544)3/27/1998 1:01:00 PM
From: Mike Sawyer  Read Replies (1) of 5847
 
Derek...forget about the short squeeze. Don't ever base your buy on a possible short squeeze...because they rarely happen. Do your DD on BANY and decide if you think the company will be deserving of a higher value in the future. Decide how long into the future the stock should move due to increased earnings...and then buy and hold for that time. When the earnings come in, that value goes up and the shorts, if there are any, will leave. Until then...a short squeeze is always possible...but it seems more likely that the stock will remain at this level until some news is close to release. The MM's always now when the news is coming out far in advance of any of us. And they will know what the news will be...good or bad.

If the Patriot deal really does move this company to a $3,000,000.00 a year company, then the stock will move higher. That's when the shorts will be gone. Until then, unless we get some big stock buyers coming in the stock price hangs out here.

...just an opinion.
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