PCNA featured in Stockprofit !
Greetings from $tockprofit!
It's been a while since our last mailout, so please indulge us while we take the time to look back at last month's picks. There's been a glut of email “newsletters” lately, including one that stole from us verbatim, so we certainly hope everyone remembers which newsletter we are and don't delete ours immediately!
This year, we've made about 20 picks, with the average rate-of-return being over 100% !
On April 8th, we alerted readers to MORE @ $3.18. MORE has since been steady at as high as $5 (a 63% gain) and there's good reason to expect further appreciation from MORE. In just the past few weeks, several other stockpicking services have brought attention to MORE. We hope the positive attention continues.
On April 15th, we profiled EBID, which has been our only loser so far this year. We called EBID at $2.00, and it has since traded over $3, but most subscribers probably paid close to $3. Lately, it has been around the $2 mark, but as we said in the profile, this one could take some time to develop (at least until they get their site up and running), at which time we'll hopefully realize the types of gains we're used to, and our record will remain flawless.
We'll be featuring a few stocks this month, and the first of them is …
PCNA
The current price is $2 5/16, the trend is upwards, and the news releases are very positive. In fact, we'll let the news releases speak for themselves.
quote.yahoo.com
biz.yahoo.com
We draw your attention particularly to the fact that PCNA is profitable, and that (as per their press release of April 5,1999) :
America's Legal Super Store is scheduled to debut later this summer and is being planned to be the world's largest self-contained Internet store specifically targeting the legal profession. Commenting on America's Legal Super Store Peter S. Balise, Chairman and President of The Publishing Company of North America, Inc., said ''The world has watched as commerce on the Internet has grown exponentially and we're planning to hand deliver it to the legal profession. Being just one component of our total Internet strategy, we believe that coupled with our close ties and relationships with bar associations nationwide, America's Legal Super Store will be well received by the legal profession. America's Legal Super Store will offer products from quality manufacturers such as Microsoft (Nasdaq:MSFT - news), 3Com (Nasdaq:COMS - news), Dell Computer (Nasdaq:DELL - news), IBM (NYSE:IBM - news), Compaq Computer (Nasdaq:CPQ - news), Intel (Nasdaq:INTC - news), General Electric (NYSE:GE - news), and Iomega (Nasdaq:IOM - news). We're also planning to introduce new products and services as available to further target and meet the purchasing needs of the legal community on an ongoing basis.''
Lawyers have a lot of money to spend, they are online (probably surfing while billing us $150+ per hour), and they love lawyer things! The potential here is obvious, and note in their other press releases that PCNA is also hinting at targeting the medical profession in a similar fashion!
A final point is that the float is only 1.7 million of 3.5 million outstanding shares! When the good news comes, this one could really move, and we'll be proud to say that once again $tockprofit subscribers were there first.
As always, little information is included here to encourage you to do your own due diligence, and what do you expect for free?!. What is included is believed to be true to the best of our knowledge. Stockprofit and our associates may or may not own stock in the mentioned companies. Stockprofit is in no way affiliated with any of the mentioned companies, nor have we been compensated in any way for the mention of these stocks. Stockprofit is not a licenced investment advisor, and in no way is this an offer to buy or sell any securities. These are just some stocks suggested to you to look into, and our enthusiasm is based solely on speculation. Judge us by our record, but always make your own decisions.
Thanks and good luck !
$tockprofit.
(stockprofit@hotmail.com)
C.1999.ForVictory |
