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Microcap & Penny Stocks : AutoCorp Equities (ACOR): Tiny Float+Upcoming PR push=$$$$
ACOR 0.880-13.8%Apr 10 5:00 PM EST

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To: Andrew H who wrote (94)4/21/1998 2:52:00 PM
From: Warlock  Read Replies (1) of 231
 
I'm getting a smidge impatient, though with the profits I'm sitting on fropm the past week, I'm not complaining too much!!!!

I just sent the following over BBNS. . . should appear in several hundred people's e-mail this afternoon. I sent a copy of this SI thread opener over BBNS last week Monday, probably partially responsible for last Monday's buying. Hopefully the following might continue to stir up some interest.

Autocorp Equities (ACOR): I sent an alert a week ago at 1.18 by 1.31, now 2.125 by 2.375.
I've just been told news released on PR Newswire this afternoon (Tuesday), though if delayed it may not be picked up until morning. The news will consist of a bio of the newly appointed CFO, Mark Shelly. Also, there will be revenue projections for 1998. They predict 14 million in revenue on sales of 2300 vehicles this year. . . they are predicting overall profitability to commence during the middle of the year. The revenue projections are fairly conservative: for example, they projected 172 auto sales in March and they actually sold 190. In addition, numbers will probably increase because they don't factor in additional dealerships that will probably be acquired. . . and they don't include revenue from their other subsidieries (insurance, etc.) either.
In addition, there will be a rapid release fax that will commence in a day or two. . . probably will be sent to 200-500 people a day until it reaches its 12,000 subscriber base. Goal is to increase stock price a quarter to three-eigths per day.
There is still plenty of time. . . I'm holding mine at least until the 4-5 range where I'll probably sell half of my position. . . then I'll keep the rest long-term.
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