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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (3634)4/22/1998 7:08:00 PM
From: Instock  Read Replies (2) of 29382
 
Sergio: Do you have any knowledge of AUTO ? It's a 11/32 stock that was up 100% today on 11 times average daily volume. News yesterday:
biz.yahoo.com

I am of the mind that this could easyly double again, BUT, you are the man when it comes to digging up background info. on a stock.

To me, the fundies look good.
Book: $1.45 for a 11/16 stock
Float: 3.50 ml
Cash: 0.20 ml ( not great , but not bad at all for a 11/32 stock )
For the nine months ended 9/97, revenues rose 62% to $15.1 million. Net loss decreased 77% to $826 thousand. Revenues reflect growth in the Company's portfolio of automobile receivables. Lower loss reflects the absence of a $4.3 million unusual item credit loss.
Home page: autoinfo.com
On Line Chart: iqc.com

If you have the time and the interest.... If not, no problem. I know that no one can dig into a company like you can. On the surface, the stock looks very under values to me.

Got in today with a small amount and thinking of adding.

RENT was my big winner today. Up 21% . Got in early so I was lucky enough to get most of the 21% gain. Expecting a GAp and a small run Thursday.

Thanks

Scott
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