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Microcap & Penny Stocks : DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK

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To: JBullock who wrote (1944)5/13/1998 3:53:00 PM
From: Colby  Read Replies (1) of 2303
 
I think this company is going to have trouble (if it is at all possible) meeting the deadline. It takes about 45-60 days to get the plant up and running. The plant needs to be running mid June at the latest. They need to produce some coals in order to get the tax credits. I would say, things are looking bleak for the credits.

I assume everything negative about the company is factored into the stock price. I hope so, anyway. I am wondering what the upside is, maybe they get a deal and strart producing some earnings (to the hundredths, at least). Any ideas? Also, what was all that volume we saw a couple of weeks ago? MM's or what?

Clueless,
Colby
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