Some stocks to watch closely ( IMO ) CNGR ,AMEN, ULBI, SOC, GTAX,
Like to see CNGR break though 6 1/8 Monday or Tuesday. Just 3 /16 away now. Break out and the stock could see $7 plus very soon. IMO
With some good News coming from the company, we could see $$7.50 PLUS very soon. IMO
I smell a short sqeeze coming here! When they get sqeezed, the buying ( and the price rise ) should be huge.
I can easly see some News come out causing the stock price to jump up, shorts panic and start buying to cover their position and thus adding fuel to the fire of the price rise.
Wonder when the company will announce a Web Site, like everyone else is doing....??
Imagine what would happen if someone such as Business Week, or even a smaller publication/Web Site, called CNGR a BUY. Could be the Match that lights a huge fire under the price.
I love this line from their their SEC filings and Press Releases:
"Crown Group, Inc. is a publicly traded buy-out firm which seeks to enhance shareholder value through the acquisition, development and operation of small-cap companies with significant growth potential."
Repeat " which seeks to enhance shareholder value "
AMEN : UP 52% Friday on several news stories including a Business Week Inside Wall Street Mention.
Small float, heavy shorting, Internet craze stock.
Look at the chart, see what happened the last time there was a Huge Run up in price.Might take a few days, but this could be a very good short sell for someone with some nerve.
ULBI - ULTRALIFE BATT : A possable Y2K panic play. Their batteries are sold at Radio Shack and most large Hardware stores. Large Cash position, 1.5 on the Research, Huge short positions ( Short squeeze?? ), Well of their high for the year.
I beleive the News Media will get many people in panic mode over the Y2K problem. Many people will be buying stuff to servive the down fall of the world < g >
This company as well as Coleman/Sunbean could benifit BIG.
SOC - Sunbeam - Another y2K panic play.
"Sunbeam Corporation develops, manufactures and markets consumer products: Appliances, Health at Home, Personal Care and Comfort, Outdoor Cooking, and Away From Home products. "
Sunbeam has a large interest in Coleman:
"The Coleman Company, Inc. manufactures and markets brand name consumer products for outdoor recreation and home hardware use on a global basis."
A LOT!! of problems at Sunbeam, but this might be the time to get in cheap. Sunbeam has a very large cash position, selling under book, great name recognation and a large product line. Huge short positions , possably short sqeeze.
GTAX - "GTAX provides income tax preparation and financial planning services primarily to individuals, and direct mail services through its Progressive Mailing Services division."
Stock is well off it's 52 week high yet still has a very strong Buy rating of 1.0. Little debt, good growth and Tax season in starting now.
Just wondered if the Amigos or anyone else has taken any interest in any of these stocks.
Scott |
