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

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To: TokyoMex who wrote (38050)1/3/1999 1:09:00 PM
From: Tomstocks  Read Replies (3) of 119973
 
Yes, Back to trading and I would like to mention that KAFED performed best for me in 1998 in which I have a large position at .30 and on thursday it closed at 18.50. The bid x ask went upto 20.00 x 30.00. I sold some shares to get my initial investment back and will watch to see what happens.

Another stock I like is PCBM (trading @ .28) in which I feel might be another KAFED in 1999. They added 8 new stores and are in the process of adding 25 more nationwide. From a reliable source I heard that there is a $2 million asset acquisition in the works. There is suppose to be news coming out in the next 3 weeks. The stock was trading at 4.00 earlier last year and I think we will see .75 very shortly as it moves with little volume. Then I'm looking for the 3.00 range this year but I'm hearing big things concerning this company. I mainly trade big boards but I also look for pennies that have strong fundamentals and are producing earnings, especially the undiscovered ones that have little trading volume or no volume at all. when investors do find out about them they go through the roof.
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