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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: PistolPete who wrote (1971)7/7/1998 11:33:00 PM
From: sammaster  Read Replies (2) of 4230
 
hello
questions and opinions..

1)what makes everyone think that there is short selling going on...price could be low because this is a non-reporting company.
2)recent addition of shares was to the float, not restricted shares(there are still 5mil restricted), so these shares are free in the market so the mm know there is a new source of shares and can keep price down, right?
3)company said increase in earnings but not eps, so eps could actually be lower from dilution

this being said, the float is only 3.3 million, which is very small for a profitable company, which will probably beat its estimate of .31 for the year(already made .10 1st quarter and expects at least .09 in 2nd). it will only take a few new big buyers to rocket these shares once it becomes fully reporting. i hope the mm did short this puppy so i can ride it up.

thanks for the tip pistolpete

samir
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