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Microcap & Penny Stocks : CCEE Breaking Out -- Ignore unavailable to you. Want to Upgrade?


To: TraderGreg who wrote (12437)11/29/1999 9:23:00 PM
From: gladman  Read Replies (1) | Respond to of 12454
 
Greg, CCEE has a couple problems, 1st their float sucks the big one at 19Million, 2nd they don't turn a profit, 3rd they have zero investment community coverage.

The good news is all of this doesn't mean jack chidt to me b/c they own 40% of SWRX which trades currently @5 with a recent high of 16 7/8.

Somethings got to give here, CCEE can't go any lower IMO.



To: TraderGreg who wrote (12437)12/11/1999 3:43:00 PM
From: Sam Mak  Read Replies (1) | Respond to of 12454
 
I'm sure most if not all of the old-timers on this thread would agree with my belated assessment. What is keeping this stock down can be sum up in 2 words: the management. I can imagine the increased valuation that the Street may be willing to give this company upon their resignation.

What gives this stock value is SWRX. I wish they just distribute the rest of SWRX stocks that they hold to their shareholders; but then they probably know that any support CCEE still have would probably evaporate overnight. My average cost is not quite $6, it would take a crazy miracle like what just happened to ZITL yesterday to bail me out of this one.