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Microcap & Penny Stocks : CHC Helicopter (FLYAF) Wins HUGE contracts- solid buy...

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To: Ken O'Connor who wrote (40)3/18/1999 11:43:00 PM
From: DIAMOND JIM  Read Replies (1) of 71
 
Hello Ken
I know it's a scary one that moves big on light volumes but financially the company is very sound. Similar dip last year to under $3 ..near the point where aggressive buying will pay off by summer. If oil prices continue higher we should see a real nice bounce. Last time it got this low Dobbin bought a heck of a load of stock. On the downside the casual charter market esp in forest fire control looks soft this spring compared to 1998. Still at these levels of 2.75-3.00 downside risk is low IMHO. regards DJ
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