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Microcap & Penny Stocks : Centura Software Corporation (NASDAQ:CNTR) -- Ignore unavailable to you. Want to Upgrade?


To: Veiko Herne who wrote (2376)4/9/1998 7:13:00 PM
From: Jatin Kadakia  Read Replies (1) | Respond to of 2428
 
>>I have feeling, that CNTR is ready for takeoff soon.<<

Veiko,

Your optimism amazes me. I wish your dreams do come true but where are the earnings going to come from. We have no guidance from the management and until the big guns (smart money) hear from them, they are not going to invest in it. As is, many funds will not look at anything under 5 dollars. Until smart money buys into it and supports the price, I don't see it going anywhere. It is well known that end of last year was tax selling and mgmt made no effort to boost the price because it made it more attractive for capitol investors because they got better price. Right now it is just thinly traded by many other JKs out there looking for 1/16, 1/8 etc. with no emotions attached to the company and its products. I do not see it being accumulated. Once again, I hope you are correct but in the meantime I am also hoping that my 1-3/8 buy order also fills. That one I will hold for a year if necessary.

PS. there are a couple of good posts in MDEA thread from people reporting after NAB. Not too exciting but I am going to take my chances of it hitting 5-1/2. It never does well on a day when DOW/NASDAG are going through the roof. Plus, money rotation takes some steam out of it.

Regards,
JK