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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (3771)5/29/1998 4:23:00 PM
From: Joe Copia  Read Replies (1) of 25711
 
ALERT While doing some after market scans I found a stock that will please the following:

Fundamentalists (F/A'rs)
Technical Anaylsts (T/A'rs)
Bottom Fisher's
Daytraders
Investors

Here is a stock that is near its 52 week low ~.$0.40 and was over $5 just last year. It seems to be under accumulation ( 5 day chart) and now I think I know why!

Has a great looking balance sheet. This is from North American Corporate Consultants, Inc.

Total Assets ........................ $8,900,000.00
Long Term Debt ................... $500,000.00
Shareholder Equity ............... $8,400,000.00
Est Future Cash Inflow ...... $260,000,000.00
Shares Outstanding ...............12,600,000 Preferred A
Public Float .......................... 2,400,000

Now take a strong look at how many shares are being kept by the company. Over 81% !!! ( A very good sign for me!)

Also they are acquiring some great assets.

Getting my DD post ready so all can review over weekend. I have not purchased any of this company's stock yet, but plan on buying Monday morning.

Joe PTG&LI !!!
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