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Microcap & Penny Stocks : APPI - Advanced Plant Pharmaceuticals Inc.

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To: TATRADER who wrote (914)6/4/1999 9:12:00 PM
From: DR. MEADE  Read Replies (1) of 1263
 
Mark, IMO, the Stockgrade site is a farce. It is a computerized system. There is no human input. In other words , it is not fundamentally valid. Out of the 14,000 companies it rates, it gives the F rating to 27% of them. Yes, that's right @ 3300 companies fall under this umbrella ! And do you know why ? Because if a company is a non-reporting one, it automatically receives this grade. Totally invalid way to grade a company. Making a decision based on this sort of criteria is foolish. I think it more wise to read and analyze recent APPI news releases to best understand why this company will do well. In your reading , you will note that APPI is working diligently to become a reporting company.. More importantly, familiarize yourself with their products and the literature presented about them . Why do you think HSPN is bringing them on board ? No computerized system is going to reflect that. APPI is worth a much more than its current .07 stock price reflects. There were some large buys late in the day today and I think is indicative that those who follow this company know that its going to move up above its 52 week high of .13 MAGGIE MEADE.
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