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.

Technology Stocks : Adam's Golf (ADGO) -- Ignore unavailable to you. Want to Upgrade?

To: Markyj who wrote (12)	11/15/2006 12:47:57 PM
From: Scoobah	Read Replies (1) \| Respond to of 18

Just look at the recent volume, that has taken in the selling, which isnt just dissapointed investors, but there has also been a good deal of insider selling, which has all been taken in, judging by the failure of the stock to trade lower. Apparently, there has been a buyer for every share sold as indicated by the continued elevated price. This used to be the 52 week high! With the sellers subsiding soon, perhaps by year end, and assuming the stock has remained relatively in this area, or higher, then I believe we can comfortably bet that a new floor has been established, from which to trade higher. all this assumes also that sales continue to grow, with those variables in place, I think the stock is worth $2.50 - $3.00 and will trade there in 2007 and then $3.50- $5.00 in the next 1-3 years, assuming they have their revenues rising and costs under control. if we see all the above, then it wouldnt surprise me at all to see the company bought out at $5.00 per share or more. I will consider that a great long term investment. JMHO