SI
SI
discoversearch

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 : ALFN - Toy Store On The Internet
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David in Ontario who wrote (23)2/7/1999 1:47:00 AM
From: DavidCG  Read Replies (2) of 2136
 
Simple math really.

2.2 mil shares x $.45 = $1 mil market cap

Seems like peanuts for market value of any web shopping enterprise.

Usually, these companies have at least a market cap of $5 million.

So I can see a fair market value of $2.40 extreme short term. and going up from there depending on how rapidly they deploy their web site.

And because this is the same CEO that did all those
"Everything under $1" stores. It looks even better.

He has a proven track record. And I like to see a good management record with a penny stock. As it is a rarity.

Also, just looking at a 3 year chart right now.

This stock was at a whopping $5.00 back in November 1997.

And recently in 1998 it had a nice trading range of $1 - $2 until you know what... the summer fall of all pennies and stocks in general.

This seems to be one of the ones that hasn't recovered yet from that.

Easily $2 again....my biggest fear, again, is that its going to pop out of the atmosphere on Monday's open with such good potential.

So hopefully there will be a pop followed by a fall to shake some apples out of this one.

Let's see what Monday brings. No use speculating what it will open at. But we can speculate what a company like this might be worth compared to other web shopping enterprises.

-DavidCG

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News