SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Integrated Healthcare Systems (IGHS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mr. B. who wrote (31)9/5/1998 5:24:00 AM
From: Kenneth B. Thiel  Read Replies (1) of 196
 
I have recently become a new shareholder of IGHS. After speaking with the company I believe the future looks bright and at these current price levels, the stock is a steal. In looking at a technical reading of IGHS's trading history, the stock has just broken out. It is above its 50 day and more importantly, above its 200 day moving average. The last time it rose above its 200 day moving average was in mid 1997 and the stock went to $3 1/8. I am encourage by the recent stock movement as volume has picked up and after speaking with several brokers on the street they believe that this recent rise is just the beginning as the financial community becomes aware of this stellar company. Furthermore, it appears that the stock is being shorted by J.Alexander Securities, Inc. (ALEX) but with only a very limited float the market makers who short this stock better research this company because management is strong, their products are well respected, and when more brokers become aware of this gem of a company, a short squeeze could be in order. Nevertheless, at the current stock price this company is under valued and with the current movement it appears that the street also shares a similar view.

Best of luck to all shareholders and stay the course.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext