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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?


To: Mike Sawyer who wrote (2575)7/28/1998 6:17:00 PM
From: dealmakr   Read Replies (1) | Respond to of 5847
 
Mike,

Agree with you about gap strategy. I do like the slow and steady rises with some periods of consolidation as base building. Great day here with large volume and increasing strength in the bid price. To be a true breakout into a new range of trading, I am looking for the bid price to remain over .40 for the next couple of days. This should enable .40 to become support. I still see the next resistance point in the .48-.50 area. A breakout over this should allow a test of old 52 week high at .85 at some time. This is just my take on the trading, but I do see the stock being accumulated into strong hands in size. Where we will end up if .85 is taken will depend on the fundamental valuation of the company. A companys growth in sales and earnings over consecutive quarters is usually a good sign and I believe that we should start to see that happen here in light of the positive developements that are taking place. JMHO from the tea leaves.

Good Trading to all

Dave



To: Mike Sawyer who wrote (2575)7/28/1998 7:34:00 PM
From: brad greene  Respond to of 5847
 
Mike,

I don't know of any BANY shares were bought by my friends today.

My buddies have been getting in for weeks and continue to watch the story unfold.

I think the buyers today were heavier hitters that I have been expecting for some time. I think they know that BANY is real.....and that it will become known soon....that BANY will not only become a profitable company....but also one that will be able to report very high quarter to quarter and year to year growth rates over the next two years. The market loves very high growth rates.

BANYs sales for last year were around $275,00.....I think.

I believe they are looking at $2 million this year....and $6 to $7 million next year......and perhaps a surprise or two thrown in.

I don't know what the stock will do tomorrow......but so far.....several of the things Yost has said he was trying to do....he has done. I will be listening very closely tomorrow to see what else he is trying to do.....And I know for a fact that there will be many, many more listeners this time around. Some of whom can make a real difference.

Lots of folks will do nothing until BANY becomes a reporting company....I know that.....you know that. Being in BANY now is a leap of faith, Mike.....one that will be rewarded if BANY is able to do what they believe they can.

Have you noticed that there are not yet a bunch of folks slamming BANY on this thread?......I think this is a very good sign. It may mean that there is nothing to slam here.

Just enjoying the day!.......Hope you are too.

bg