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Microcap & Penny Stocks : NRAG-NorAm Gaming-Winning The Battle -- Ignore unavailable to you. Want to Upgrade?


To: Carl Jackson who wrote (319)12/16/1997 9:02:00 AM
From: David W. Tucker  Read Replies (1) | Respond to of 441
 
I can see everyone's point well. I've done quite a bit of short term trading myself, mostly with options. My estimate of $65 is just an aggressive forecast of where the stock could be if everything pans out over the next 2-3 years. I would never expect anyone to offer that price in a buy-out.

I think over the next 6 months it will become easier to valuate this company. I'm still accumulating weekly. I'll start getting nervous if the stock doesn't show some kind of rise by the end of January (at least just a little). I still don't expect much of a gain until May or so. If Noram can show a tiny profit in Q1 we might be off to the races.

Anyway, it's been a fun one to follow...

dave