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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: RCJIII who wrote (15434)	9/22/1999 9:47:00 AM
From: StkProfit$	Read Replies (1) \| Respond to of 52051

RCJ, I like CTKT. Bought some this am while the stock is cheap. While I expect share price to climb over several months, they still need to raise capital to achieve ANY of their production goals, but it sounds like they're getting it together...I just wouldn't expect much for another month or three in terms of agreements. The good aspect is that they still believe in their product and the shares outstanding (if I read the 10QSB right) is only 10Million, not bad for this type of investment. I expect a dilution or a buyout to get this company into production, but share price should rise ultimately...regardless of what happens...unless of course they fold their tent, which is still a possibility- no guarantees on this one. High risk/Mid-long term hold on this one for me...daytrade unlikely, imo. (Of course I hope I'm wrong! :-)) IF they can get this puppy off the ground, buying now should be a dream payoff 1-3years down the road.