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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers

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To: sunshinestate who wrote (925)9/8/1998 7:39:00 AM
From: Double Dipper  Read Replies (1) of 4624
 
I read everyone input and there are no wrong comments. However,
I would caution against any newsletter that purports the fundamental price being .19 or so. This is a non reporting company and that information can be nothing more than a guesstimate. If anyone knew the fundamental value of JNNE they would be way ahead of the game. Until the numbers are release everything regarding the company's value is based on the current selling price. I don't buy the bear market scenario but I do believe people are selling their play around investments due to margin calls and that is affecting the price of many penny stocks.

I enjoy questioning the motives of newsletters. To me, they are a whole new cottage industry that is cropping up around us. Some are credible some are P&D. There motives and facts are subject to scrutiny. To take them at face value is foolish. That was my original point.

GOOD LUCK AND GOOD INVESTING - HOPING FOR A GREAT WEEK.

Kevin
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