Hi all, I have read this thread but not posted much being a newbie, however, I have had private tutoring from a very learned gentleman here. One of the ideas put to me was to catch a stocks short ryhthm catching the high and low, well I have a pick as such and would like to share it. The company is GDC, General Data Comm. They are in competition with the big league equipment guys ,CISCO, Northern (BAY), etc.
They have broken into the more complex eqp, like Virtual LAN's, security hardware. I use their equipment at work and they have contracts with major telco,s. Now the the good stuff. The price is $2.25 +/- and they are not a BB!. They have just entered into agreements with SIEMENS, and are in a cost control/restructure mode (NEWSWIRE). Now for the $. If you bought 1000 x 2.5 in sep, sold 2 weeks later at $3.5 = $1000, oct $2- $5 =$3000, jan 2.25- $3.25 = $1000 for a total of $5000 , 200% in just 6 months for a nasdaq $2 stock, with no downside and a buyout by an international co on the upside. I have no GDC as yet but I may soon.
Maybe some one could check the financials?
John |
