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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: myturn who wrote (42040)4/9/2000 12:54:00 PM
From: orygun  Read Replies (2) | Respond to of 150070
 
<We are talking bargain basement prices for a brokerage firm.
Do you know of one trading at these levels besides AMFR? If you do; let me know>

RG: Here's another one NATS
Share price a touch higher.. 8.5 as of Friday.
NATS - check out this float... 700K
Total OS 1.91M
Sales (ttm) $49.6M
Market Capitalization $16.2M Yes that's right,
market cap is only 1/3 of Sales.

They are a full service brokerage, a Market Maker, and have just opened an online trading site at nscdirect.com
Bad timing on this as it opened last Monday.
Check it out - its state of the art.

This is so undervalued its just plain crazy. Record profits are supposed to be announced within a month and with the extremely small float - it could go to the roof. Short interest has grown considerably over the last month but with any good news they will be taken out easily.
With the recent deregulation it could also be a good takeover candidate with their online site already up and running.

From Yahoo:

Olympic Cascade Financial Corporation (Olympic) is a financial services organization that operates through its two wholly owned subsidiaries, National Securities Corporation (National), and WestAmerica Investment Group (WestAmerica). National conducts a national securities brokerage business through its main office in Seattle, Washington and in 38 other offices located in 18 states. WestAmerica is registered as a broker-dealer with the SEC and licensed in 36 states and the District of Columbia. Olympic provides financing options for emerging, small and middle capitalization companies through research, financial advisory services and sales and investment banking services for both public offerings and private placements, and also provides retail brokerage and trade clearance operations.