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Microcap & Penny Stocks : TNRG Tianrong Building Materials
TNRG 0.0300+14,900.0%Jul 17 12:46 PM EST

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To: TraderGreg who wrote (2542)6/22/1998 11:21:00 AM
From: ISOMAN  Read Replies (2) of 9824
 
The Market Makers are just seeing if there are anymore people willing to bail out at low prices. A few days of non sells, and they will start to raise the ask. I'm desperately trying to free up more cash to buy.

All tnrg has to do is show earnings of 1,2 million for the entire year, and we have a EPS of .03 with a ratio of 20 we're looking at 60 cents a share. With good financials out, all the people on the sidelines will be rushing in to buy before the bid goes back to a realistic number.

net profits of the mall were 4 million. interest on the debentures will eat up roughly 3,2 milion. Calvocade and the usbl should add some $$$ too.

Now all tilton has to do is clean up the expenses on the mall, and we're laughing. Small cap Nasdaq, might be closer than two years, like I previously thought.

at this rate if you wait for the small cap at $4 per share, like I am, each $5000 invested now is worth about $280,000 when it hits the small cap. Certainly worth the wait if you ask me.
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