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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: The Street who wrote (4427)9/22/1998 6:35:00 PM
From: Panita  Read Replies (1) of 119973
 
Tokyo I am looking at NMGC here again for a trade from 11.3125 to 16 within one month. What do you think?

Why?

-54% market share and increasing.
-Low Japanese yen possitibily affecting their bottom line.
-This quarter included back to school season. Lots of colleges require a notebook to just go into class.
-PE of 9
-tons of shorts whcih could cause a short squezze on positive news.
-The stock when down in the last two trading days do to insiders selling. Guy sold 1000 shares out of the 300K+ shares he owns.

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