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Microcap & Penny Stocks : Inotek INTK -- Ignore unavailable to you. Want to Upgrade?


To: Alex Sharp who wrote (45)4/13/1998 10:49:00 PM
From: Matthew Cooper  Respond to of 156
 
I am still a little puzzled... why would the curent price move? Think about it... they just reported $.02 EPS. What has really changed about this stock? Am I missing something? Do they have a major contract in the wings? Are they a possible target for acquisition? Look at their earnings for the past couple years. They bring in $.02 EPS almost every quarter. Why would this stock support a higher multiple? What is going to cause their earnings to grow?



To: Alex Sharp who wrote (45)4/13/1998 11:24:00 PM
From: KLAW97  Read Replies (2) | Respond to of 156
 
I see no reason stopping INTK from trading at $3 soon. The research was done on this company and it belongs in the $3 trading range. The stock was short and the shares have to be covered. I am not selling my position. SI is watched by those with and without memberships. The sell off started right after someone posted an old non-relivant PR from April 1 on the Tokyo joe's cafe thread. The earnings will be out and it was told to be a strong move to turnaround INTK to the positive.
That is the reason why we pick listed stocks. It's a lot easier to find undervalued companies. So far our choices this month proves my point.