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Microcap & Penny Stocks : CHANCELLOR CORP (CHLR) $.56 EXTREMELY UNDERVALUED -- Ignore unavailable to you. Want to Upgrade?

To: TAT who wrote (35)1/20/2000 10:52:00 PM
From: gordorules  Respond to of 55
 
This stock suffers from a great deal of poor visibility...at the run rate they have achieved, based on industry averages, the stock should be trading at $1.00 per share, conservatively...however, the spread will continue until more people know about the Company and what it has done...a sell order at $.40 most likely would not get executed...the disparity among the market makers is astounding...



To: TAT who wrote (35)1/21/2000 9:03:00 AM
From: TallTrader  Read Replies (1) | Respond to of 55
 
Bid/Ask: Do you have Level 2?

The bid is currently very weak (SHRP @ 3/8 bid, HRZG & FRAN @ 5/16). Who knows . . . you may get a bite in the low .40's. I think this is a good hold right now. I'm picking up shares when the ask drops down in the .30 range. Currently, know one is interested in the stock . . . but I believe it will have its day.



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