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Microcap & Penny Stocks : LEAP - Innovative ad agency a bargain at $3/shr? -- Ignore unavailable to you. Want to Upgrade?


To: TokyoMex who wrote (442)7/6/1998 5:34:00 PM
From: Andrew Martin  Respond to of 600
 
Congrats on the 20k Mex. When did you purchase? I have no idea when, how and for how long Leap will run but if it breaks above 5 it could easily reach 6 or 7. It's done it before on nominal company performance. I'm expecting a gap-up tomorrow and a quick run above 5. I'm Long so it's just a guess. My target price for this stock is 33 which I truly belive it will reach by year's end. No joke. Insiders are selling to loosen the float which should only serve to attract more MMs. To date insider selling has always been above it's 200 day moving avg. and they apparently, will not sell when it nears the avg. Some of the selling is in part due to voluntary paycuts thereby passing the proceeds to the company while other selling looks to be contractual, ostensibly to MMs.

Hope this helps,
-Andrew.