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Strategies & Market Trends : HOT STOCKS 100% 200% 300% profits possible short term

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To: Dan Tenore who wrote (671)6/16/1998 5:15:00 PM
From: CountofMoneyCristo  Read Replies (1) of 2038
 
Rumors, that's all I can say.

Take a look at the chart: 3 in February (no insider sales since then), a 52-week high of 8, 23 in 1997, and 76 in 1995. If this stock is not ridiculously undervalued, I don't know what is. The float is only 2.6 million, and the axe is trying to make good. If a major deal does get signed, and ELCC gets some major financing behind those licenses, I can't imagine it won't run to at least its 52-week high. Those FCC franchises are finite, and worth a lot more than the value the Street has put on them.
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