CODE reports soaring 1st quarter! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : CODE reports soaring 1st quarter!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Craig S. Owens who wrote (24)	5/19/1998 7:34:00 AM
From: BlueCheap	Read Replies (2) of 33

Trying to get some info from company. Investing in CODE at current price would appear to be Bottom fishing experience and THAT is where I personally like to be. The CHEAP Investor called the brokerage Firm who had projected in their research report that CODE would earn .25 cents per share this year and .$44 cents per share next year. The firm would not comment on their projection of those earnings. The CHEAP Investor is waiting on information from the company. The CHEAP Investor stated that CODE should release 3Q financials within the next week and hope to have more information on CODE in the June issue which is mailed out on the Friday before the first of each month. I invested in CODE for 3 main reasons: (1) I thought CODE would set a bottom BASE at current price. (2) CODE does have GOOD earnings & doubled sales, plus expected earnings. So the company IS making a PROFIT.. (3) Investors who bought on that $1.80 BUY recommendation saw a small move up and then CODE fell back down. Likely hitting some "Stop Loss Orders". In my opinion this created a little panic selling while there was NO buying. In my opinion THIS created an OPPORTUNITY to be invested in a stock which could easly RUN back to the recent price of $1.50 to $2.00. I would think that On just about any positive news, investors who take a position in CODE from current price 11/16 Ask to $1.12 Ask should see a NICE Profit. I'm just like most folks, I would LOVE to see CODE take off and RUN back to $2, even today:) I don't expect CODE to be priced under a $1 all that long, they company would likely want to get some investor interest in order to get the stock price up over a $1 in order to remain listed on the Nasdaq Small-Cap. A Small-Cap listed company has 90 days after falling under $1. Since CODE is only a few days under that, it appears there would be plenty of time to generate investor interest in a PROFITABLE Company which has DOUBLED SALES:) Regards, Malcolm

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next