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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: good2yah who wrote (24588)6/9/1998 11:17:00 AM
From: RCJIII  Read Replies (1) | Respond to of 34592
 
Good2yah, Yes I am still in CHS and I still believe it will do very well.

They have revamped their clothing lines, dramatically increased sales, cleaned up their balance sheet and started posting profits.

They are actively seeking analysts to cover the stock and I believe they will get coverage soon.

The CEO told my broker that .60 per share in profit for the year beginning in July was easily attainable.

If you put a 20 PE to that the stock should trade at $12 instead of $4.50.

Unfortunately, the company rarely puts out press releases other than earnings reports. Also, since they lost money for several years in a row, people stopped watching the stock.

All we need is some analyst coverage or some strong press releases to spark investor interest again. Then the stock will become more fairly valued.

RCJIII