Mike, what CUST has solidly behind them is the analyst at Joseph Charles who, according to TSC, has made a career out of tracking (read touting) this stock. Whenever I hear some unknown analyst pumping a stock, and on top of that, company insider doing the same, I see red flags everywhere. Excerpts from the May 5 TSC article.
Regards,
Tom
"What Windows did for computer, this will do for
the Internet," insists analyst David Weinstein of
Joseph Charles & Associates in Boca Raton,
Fla, who lately has made a career out of tracking
this company -- he's got a buy rating on it. He
says the CustomTracks technology actually
creates new protocols and is more secure than the
best existing firewall.
Whatever it does, it had better be good. Otherwise
CustomTracks' stock, after quadrupling in just two
months to yesterday's close of 35 7/8, largely on
speculation of a blockbuster technology (no pun
intended), could find itself right back where it
started. And then some. |
