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Microcap & Penny Stocks : SYCONET.COM (SYCD) THE NEXT AMAZON? GET IN EARLY. $.31 -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (1373)1/15/2000 2:37:00 PM
From: Loren S.  Read Replies (1) | Respond to of 1413
 
There were more stock pickers following SYCD last fall. The stock was still hot and more associated with the Pokemon craze. It was trendier. Plus some of the longs, including myself, were pushing the stock more on other boards. I haven't done any spamming lately having learned my lesson from the previous ups and downs.

I am still very optimistic that we'll see much higher prices this year. Sy has hinted that there is lots more juicy news to come. Financials should be filed any time. While the gross numbers may not look that impressive, they will show rapid growth. Once the financials are filed and once they get approval from the SEC, a lot of new and bigger money could potentially come into the stock. Cartoon, on Raging Bull, has implied that there is a lot of big money on the sidelines waiting for SYCD to become a reporting company. Plus Sy has stated that he has met numerous times with brokerages and investment bankers in the past month or so. I would have to guess that these folks will pay more attention to the stock once it becomes fully reporting.

Sy has indicated that he really wants the stock to achieve NASDAQ status by the fall. He has also indicated that he will not consider a reverse split. The stock has to get to and hold above $4.00 for it to attain NASDAQ listing.

While the stock has been in a steady uptrend lately, it hasn't blown the roof off like it did last year. That's okay with me. If we can hold above $2.00 and then Sy brings us some great news and the stock becomes reporting, we should start heading up to NASDAQ levels. Once the company reports that they have filed papers to be listed on NASDAQ, the sky is the limit on where the stock can go this year. That is my obviously positively biased opinion as a devoted long.