SI
SI
discoversearch

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 : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31, -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (55)7/17/2005 4:59:11 PM
From: rrufff  Read Replies (1) | Respond to of 1694
 
HISC - It was a damn good stock to buy at .0015. Of course, nobody wanted it back then and it was hard to get others interested. I'm still in it and still like it. I had a ton (over 7 figures) so I sell on huge moves. I'm prepared to buy back everything though if it retraces, which it will do eventually. What price is the million dollar question. It could retrace from .10 or .25. Who knows?

I think a run to .10 at this point is what the trend shows, charts extremely bullish, but I'm hedged as I realize that any momentum play can quickly retrace. But a 40 bagger is nothing to sneeze at <gggg>.

You missed some PR's about the o/s and the float. They reduced the o/s to 500 million and the float is supposed to be about 200 million, perhaps less, with 2 announced insider buy backs of 10 and 50 million shares respectively.

The PR you cite is not for the entire company. Have you read the Form 2-11 from 2004 which indicates 2 million in revenue and > 1/2 million in income?

They had projected 2005 revenues of 7 million, but that was before announced sales to the midde east of 2.5 million and arrangments announced to resell IMX bomb detection "sniffer." It also was before other marketing blitzes for its Cyber Tracker GPS, both on retail and wholesale level. I've seen numbers as high as 125 million over 3 years going forward for just their cyber tracker. I take everything I read from micros with a grain of salt but, so far, they've established credibility and come through with all their promises. That's why the price is running.

Even the lower numbers support higher prices, particularly in this universe of penny investments where stocks run on nothing but hot air.

Happy investing!!