David, I cannot give you shorting advice, I am long EGAM, but,...
The stock was clearly shorted by professionals when it was above $5.00. So, do as I suggested and the stock will rise.
Also, I just checked their well designed site and their clearly laid out financials. Great stuff, that inspires confidence!!
Now, IMO, this is a very well run Company with earnings for the full year ending June 99 of around 30 cents/shares, which at a conservative PE of 30, should have a share valuation around $9.00.
In addition, it has a shares buy back plan for one Million Dollar and my guess is that they must be accumulating now at this ridiculously low price.
So, hang on tight, call you certs and ride the stock. I know I'll be buying more on Monday.
Regards, F. Goelo + + + |
