Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: M. Walton who wrote (100)	12/3/1999 12:25:00 AM
From: KevinThompson	Read Replies (2) \| Respond to of 48461

Does anyone know what is driving the momentum in AWWC other than its chart and technicals? I think it is time someone asked that question. I have been looking, but I don't see any news that would propel it with such volume and momentum as we've seen over the last couple days. Usually there needs to be a trigger to ignite issues like this. I fully expected the issue to appreciate over time based upon technicals, but it would be prudent for us to know and understand what it driving it so aggressively lately. This will be the key to knowing when to expect things to slow down and where it is going this time around. It has climbed to nearly a double since we started watching, with interday highs even better. They've had fantastic revenue increases, but their earnings have had a history of coming up short. The book value and price to sales ratio are remarkable and very good. I've read that they are trying some "restructuring" to improve the profits, but this is not the kind of news that rockets are made of. My only guess is that is getting rediscovered in some way among momentum traders. Volume has been startling the last couple of days. Comments? KT