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Pastimes : Learning To Invest Correctly - A Shared Experience

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To: Phil(bullrider) who wrote (36)7/25/1998 3:46:00 AM
From: Michael Berkel  Read Replies (2) of 253
 
Innotrac (INOC) gapped up 2-3/16 to 12-5/16 on triple normal volume. The provider of marketing-support services reported a second-quarter profit of 33 cents a share, a 74% increase from a year earlier and 8 cents above estimate. There are many reasons to buy this stock now:
1. Small float
2. Insider buying
3. Great earnings
4. Price earnings valuation of only 12 or 13, which makes the stock undervalued
5. Good management
6. Wall Street loves stocks in the low teens. Downside potential is limited. Good upside potential.
Check it out.
Happy trading.
Michael Berkel
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