Just so you know Virgil!
Ride Em BTGC!
I'm long on BTGC and IFMX. BTGC warrants expire Dec. 31, 1998. That
accounts for the MASSIVE volume this week. People are exercising the
warrants for the stock itself. Thus, a nice +11/16 +11.83% today to
close at $6.50 with 2,000,900 shares and 24 block trades. WOW!
Looking at the BTGC chart indicates a strong gapper is possible up to
$7.75 for this up cycle swing towards the upper BB. RSI is looking
real good!
BTGC LOW P/E
NASDAQ: (BTGC : $6 1/2) $306 million Market Cap at December 30, 1998
Trades at a 55% Discount PE Multiple of 18.1 X, vs. the 39.9 X
average multiple at which the Drugs SubIndustry is priced.
askresearch.com
SHORT INTEREST SQUEEZE IS POSSIBLE!
12/98 3,401,145 373,481 9.11
11/98 3,242,043 413,868 7.83
10/98 3,194,411 394,426 8.10
09/98 3,309,616 389,354 8.50
08/98 3,709,426 338,228 10.97
07/98 4,206,202 386,253 10.89
GO LITTLE GUY - IFMX!
IFMX was smoking today to close at $8 13/16 +27/32 +10.59% with very
high volume of 5,220,400 shares. I'm expecting a bounce off the upper
BB at around $9.00 to $9.25.
NASDAQ: (IFMX : $8 13/16) $1,337 million Market Cap at December 30,
1998 Trades at a 27% Discount PE Multiple of 32.6 X, vs. the 44.5 X
average multiple at which the Software & Services SubIndustry is
priced.
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