USRF - Wireless Internet Access Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : USRF - Wireless Internet Access

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: xbrent who wrote (629)	1/23/1999 7:07:00 PM
From: xbrent	Read Replies (1) of 956

USAT went from $12 to $49 in 13 trading days from mid December to mid January after having run up from $3 in mid November. In the same run it went from $20 to $49 in THREE DAYS. So our thought of a near term high of $15 for USRF might be very conservative no matter which criteria one applies. When a stock runs from $12 to $49 it did not run courtsey of retail internet day traders alone. Institutions and major league accumulation occurs at those levels. Apparently, the market is applying a whole different multiple to wireless stocks. USRF will also have increased market cap to do some interesting things to further their holdings in the field and increase market share. Perhaps USRF is just getting on the radar screen of various investors. I am not suggesting that USRF will mirror USAT but even if it did half as well it would reach $25. Maybe the anticipated PR from USRF this week might be the launching pad. I think it will be worthwhile to read the news this time before the knee jerk sell off. The reverse just might be the case with the next PR.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next